The Ghana Gold Board (GOLDBOD) has, with immediate effect, suspended the acceptance of new applications for three categories of gold-buying licences as it prepares to implement regulatory reforms.
In a statement issued on Monday, 16th February, management announced that the suspension applies to new applications for Tier 1, Tier 2, and Self-Financing Aggregator licences.
According to the Board, the Aggregator Licence remains the only category currently open to new applicants during this interim period.
GoldBod clarified that applications submitted prior to the date of the announcement will continue to be processed. The Board stated it would expedite the review of these pending applications provided that applicants meet all regulatory requirements and have fulfilled the necessary payment obligations.
The directive is part of broader measures to facilitate impending changes to the national gold trading framework. The Board indicated that the forthcoming reforms are intended to enhance transparency, improve regulatory compliance, and strengthen traceability within the gold-buying ecosystem.
Management stated its commitment to collaborating with stakeholders across the value chain to develop a competitive trading regime that safeguards the national interest.
Further updates on the reform process and the revised licensing framework are expected to be released in due course.

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