The Ghana Gold Board (GoldBod) has issued a compliance notice directing six gold service providers to report to its head office in Accra as part of a routine regulatory exercise.
The directive, contained in Compliance Notice No. GOLDBOD/2026/02 dated February 10, is aimed at ensuring adherence to financial and operational requirements under the Ghana Gold Board Act, 2025 (Act 1140).
According to the notice signed by the Compliance Directorate, the exercise is being conducted pursuant to Section 43 of Act 1140, which mandates the Board to monitor and enforce compliance within the gold trading sector.
The Directorate indicated that the move forms part of ongoing efforts to ensure that licensed operators meet statutory obligations.
The directors or owners of the affected companies have been instructed to report to the GoldBod head office on Thursday, February 12, 2026, at 10:00am “without fail” 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, and Gastonesin Enterprise.
While the notice did not specify the nature of the compliance concerns, it emphasised that the engagement is part of a routine exercise rather than a punitive action.
The Board has not disclosed whether the companies are being investigated for specific breaches or whether the review is sector-wide.
The Ghana Gold Board reiterated its commitment to enforcing the laws and regulations governing the gold trading industry, stressing that its actions are guided by “the spirit of accountability and transparency.”
The Board added that it remains determined to promote integrity and lawful operations within Ghana’s gold sector.
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Source: www.myjoyonline.com