GoldBod extends license renewal deadline for Ghanaian gold traders
The Ghana Gold Board(Goldbod) has extended the deadline for gold dealers holding old licenses issued by the Precious Minerals Marketing Company (PMMC) or the Ministry of Lands and Natural Resources to reapply under the new licensing framework.
The new deadline is now May 21, 2025.
At a press briefing on Wednesday, April 30, the Acting Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, explained that the original deadline was set for April 30, 2025, but the extension is intended to give dealers more time to comply with the new requirements under the Ghana Gold Board Act.
“We gave all PMMC license holders and those licensed by the minister responsible for mines an ultimatum which was to expire today, April 30, to reapply under the new regime.
“But we know that most of you have not been able to apply at all. We can also see from the back end of our website and the license application portal that some of you have started the process of applying, but have not yet completed the application process,” he said.
He indicated that a few applicants had completed their submissions, but to ensure fairness, the Board is allowing an additional three weeks.
“We’ve decided to extend the time frame for you to apply for a new Gold Board license, and that time frame is from today, the 30th of April, 2025, to the 21st of May, 2025. We believe that this is fair, and this time frame should be adequate for anybody who is serious and desirous of applying for a Gold Board license to do so.”
The new Ghana Gold Board Act renders all previous gold trading licences invalid.
Mr Gyamfi urged Ghanaians who wish to remain in the trade to apply immediately via the official portal.
“Let me indicate again that if you want a license, you must go to the website of the Gold Board, which is goldbod.gov.gh, and goldbod is G-O-L-D-B-O-D, not B-O-A-R-D. Make sure you read the requirements and terms and conditions of the license accepted before you begin the process,” he stated.
Applicants are required to pay a fee, create an account, and fill out application forms accurately.
He warned that errors or omissions may result in disqualification.
“If you make serious omissions or errors in the application, it will go against you in terms of the decision that the Gold Board will take on that application.”
Mr. Gyamfi ended with a firm warning to all applicants, making it clear that the new deadline of May 21, 2025 is final and will not be extended.