Government targets 127 tonnes of small-scale gold yearly under new reserves policy

Finance Minister Cassiel Ato Forson has announced plans for the Ghana Gold Board to buy up to 127 tonnes of gold annually from artisanal and small-scale miners, as part of a new national policy aimed at strengthening Ghana’s external reserves. Speaking in Parliament of Ghana while unveiling what he described as the country’s first comprehensive reserves-building policy, Dr Forson said the initiative is designed to safeguard the economy and ensure stable participation in the gold market.

By Caleb Ahinakwah