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Gold producing member companies of the Ghana Chamber of Mines will, between now and December 2022, sell about 125,000 ounces of gold to the Bank of Ghana (BoG) under the central bank’s Domestic Gold Purchase Programme. The decision followed a meeting between Vice President Alhaji Dr. Mahamudu Bawumia, some other…

Chamber Of Mines To Sell 125,000 Ounces Of Gold To Central Bank

Gold producing member companies of the Ghana Chamber of Mines will, between now and December 2022, be selling about 125,000 ounces of gold to the Bank of Ghana (BoG), under the central bank’s  Domestic Gold Purchase Programme for this year. The decision was the outcome of a meeting between Vice…

Central Bank of Ghana (BoG) would increase its gold holdings 12.2 tonnes by close of year. This is because Gold producing member companies of the Ghana Chamber of Mines will sell about 125,000 ounces of gold the equivalent of 3.5 tonnes of gold to the Bank of Ghana (BoG) under…

Chamber Of Mines To Sell 125,000 Ounces Of Gold To Central Bank

The Bank of Ghana will purchase gold from gold mining companies in the country at world market prices but payment will be made in cedis, starting September 1st. This is to help shore up the foreign exchange reserves of the Bank of Ghana. This was the agreement between the Economic…

The Bank of Ghana (BoG) under its ambitious gold purchase programme, will buy gold produced by mining companies in the local currency (cedi) and not in dollars. | Pulse Ghana