Ghana to show the world its first certified gold bar produced here today

Ghana will on Tuesday (November 27, 2018) outdoor its first hallmarked gold bar.

The gold bar was produced and processed in the country.

Ghana’s President Nana Akufo-Addo is expected to outdoor the certified gold bar at the Ghana Standards Authority (GSA) at a ceremony in Accra.

The Authority will as well issue a certificate of the gold bar to the Accra-based Gold Coast Refinery Limited.

He said after the certification, the gold can be taken to the international bullion market where dealers would then accept it as credible and valuable to be negotiated for and purchased.

“It is also significant in the sense that for the first time when we certified gold and send it into the international market what it means is that Ghana is at least processing its minerals to some extent before export.”

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“This is a serious programme because for the first time Ghana is certifying its gold after years of production. The move is in line with government’s quest to add value and grow the industrial sector,” he added.

According to Dr Bediako, the producers had gone through a thorough certification process and satisfied all conditions to merit certification.

He added that this will increase the country’s foreign exchange which also boost the economy.

He urged other mineral producing companies to take certification seriously.

“It is a very good beginning and we need to keep it up,” he said.