ACCRA, GHANA — Ghana's Ministry of Lands and Natural Resources has announced stricter oversight of gold export licensing as the country intensifies efforts to combat illegal mining and increase domestic value addition.
The move is aimed at strengthening controls around the gold trade while ensuring that legitimate operators comply with applicable regulations.
Beyond combating illegal mining, authorities are seeking to increase the economic value Ghana derives from its mineral resources.
Greater oversight could help improve transparency in the gold supply chain and encourage more value to be retained within the domestic economy.
The development comes as Ghana continues efforts to strengthen the governance of its mining sector and address the environmental consequences associated with illegal mining.
