By Magdalene Andoh
The Ghana Gold Board (GoldBod) has summoned six gold service providers to its head office in Accra as part of a routine compliance exercise aimed at enforcing financial and operational regulations within the gold trading sector.
In a compliance notice dated 2026, GoldBod stated that the exercise is being carried out pursuant to Section 43 of the Ghana Gold Board Act, 2025 (Act 1140), which mandates the Compliance Directorate to ensure adherence to applicable laws governing gold service operations.
The directors and owners of the affected companies have been directed to report to the GoldBod head office on Thursday, February 12, 2026, at 10:00 a.m. to assist with the exercise.
The companies listed in the notice are:
- Max-Palasco Limited
- S-Seven Hills Enterprise
- Passion Gold Limited
- IBF Mineral Resource Limited
- Maabisco Multipurpose Enterprise
- Gastonesin Enterprise
According to the notice, the exercise forms part of GoldBod’s broader strategy to strengthen regulatory oversight and promote accountability and transparency in Ghana’s gold trading industry.
“The GoldBod remains committed to enforcing the laws and regulations that govern the gold trading sector in the spirit of accountability and transparency,” the statement, signed by the Compliance Directorate of the Ghana Gold Board, emphasized.
The compliance checks come amid heightened regulatory efforts to sanitize the gold trading sector and ensure that service providers operate within the legal framework established by national legislation.
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Source:
www.gbcghanaonline.com
