Finance

Small scale miners seek one month extension for GOLDBOD’s gold buyers licence deadline

The National Concerned Small Scale Miners Association of Ghana has formally requested a one-month extension of the deadline for submitting applications for the Gold Buyers Licence, currently set for 21 May 2025.

The request was made in a letter dated 20 May 2025, signed by the association’s president, Mr Michael Kwadwo Peprah, and addressed to the Acting Chief Executive Officer of the Ghana Gold Board (GOLDBOD), Sammy Gyamfi.

In the letter, the association acknowledged GOLDBOD’s initiative to regulate gold purchases and curb illegal mining, money laundering, and gold smuggling.

However, it highlighted significant challenges faced by many of its members in compiling the required documentation within the stipulated timeframe.

These documents include Tax Clearance Certificates, Business Operating Permits, Environmental Protection Permits, SSNIT Clearance Certificates, GRA Certificates, Police reports, and other regulatory requirements, which according to the association have proven time-consuming and cumbersome to obtain.

The association noted that a significant number of its members have been unable to complete their online applications, leaving them pending. It argued that extending the deadline by an additional month would provide small-scale miners with sufficient time to meet all requirements and participate fully in the licensing process.

“We believe that granting this extension will not only ensure broader compliance but also support your agency’s goal of fostering a transparent and responsible gold trading ecosystem in Ghana,” the letter stated.

The association appealed for fairness and inclusion, emphasising its commitment to supporting proper regulation of the small-scale mining sector.

The request follows GOLDBOD’s earlier decision to extend the application deadline from 30 April 2025 to 21 May 2025, providing an additional three weeks for gold dealers and small-scale mining companies to reapply for licences, as announced by Sammy Gyamfi on April 30, 2025.

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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