Mahama Defends Gold Export Restrictions, Signals Ban on Raw Mineral Exports by 2030

President John Dramani Mahama has defended Ghana 39;s tightened gold export regime, saying the reforms are helping retain foreign exchange in the country and support the stability of the cedi. Speaking to members of the Ghanaian community in Moscow, Russia, the President said the Ghana Gold Board (GOLDBOD) Act was introduced to tighten regulation of the gold trade and ensure the country derives greater value from its mineral resources.