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ALWAYS FRED > National > Daman Gold Mine further sells 100% gold on consignment to GoldBod
GoldBod receives 121KG gold from Damamg gold Mine
National

Daman Gold Mine further sells 100% gold on consignment to GoldBod

May 19, 2026 3 Min Read
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Daman Gold Mine has bought one other gold, stated to be 100 per cent of its gold manufacturing, to the Ghana Gold Board (GoldBod).

The most recent cargo is price 121 kilograms of gold, or roughly 3,400 ounces, the corporate stated.

The corporate stated this determine is larger than the 103 kilograms equipped in the course of the preliminary cope with Goldbod.

Talking on the Goldbod Analytical Institute in Accra on Monday (18 Might 2026), Goldbod Technical Director Michael Aluko recommended the administration of Daman Gold Mines and its dad or mum firm Engineers and Planners for exhibiting confidence within the authorities’s nationwide gold coverage.

“Immediately is a vital and refreshing second for Ghana Goldbod,” Aluko stated.

“That is the second time that Daman Gold Mine has offered 100 per cent of its gold manufacturing to Ghana Goldbod and we extremely commend the administration crew for supporting the nationwide coverage.”

He stated the continued dedication by Daman Gold Mines displays the business’s rising assist for efforts aimed toward maximizing nationwide returns from Ghana’s mineral assets.

He defined that with the intention to protect extra of the worth of Ghana’s mineral assets and strengthen the financial system, authorities coverage encourages giant mining firms to produce the nation with 20 to 30 per cent of gold manufacturing.

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Mr Aluko additional urged different mining firms working within the nation to observe the instance set by Daman Gold Mines by prioritizing native participation in Ghana’s gold commerce.

“If all different mining firms adopted this good instance, it will be good for our financial system,” he stated.

Daman Gold Mines Authorized Consultant Bobby Bunson instructed the media that the corporate’s resolution to promote all of its gold manufacturing to Goldbod demonstrates the corporate’s willpower to assist Ghana’s financial growth.

He rejected claims that the mine’s first gold supply was merely symbolic, stressing that the second transaction confirms the corporate’s long-term dedication to coverage.

“For many who thought what we did final time was a nine-day miracle, that is additional proof of the dedication of this mine, wholly owned by Ghanaians, to assist the Ghanaian financial system,” Banson stated.

Vanson additionally reiterated the corporate’s dedication to proceed providing a proper of first refusal on future gold manufacturing ought to Goldbod have the monetary capacity to buy gold.

“So long as Goldbod has the monetary capability to simply accept it, we’ll proceed to offer them the appropriate of first refusal as a result of, in our personal small means, we wish to contribute to bringing stability to our financial future,” he stated.

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