The Ghana Gold Board (GoldBod) has rejected media reports alleging that it recorded losses of more than GH¢3 billion in its first year, describing the claims as false and deliberately misleading.
The response follows a publication by Accra-based Asaase Radio suggesting the board was operating at a major loss.
In a statement issued on Monday, November 17, 2025, GoldBod said the report is baseless and attempts to undermine the gains it has made since its establishment.
“The publication under reference is entirely false and deliberately contrived to undermine the successes and significant contributions of the GoldBod,” the statement said.
The board noted that it has recorded “significant surpluses and profits” since it began operations. It added that its upcoming quarterly financial statements, which will soon be uploaded to its website, will confirm its performance.
GoldBod urged the public to disregard the report and called on Asaase Radio to retract the story and offer an unqualified apology for what it described as an unethical publication.
