{"id":4108,"date":"2026-05-26T08:21:44","date_gmt":"2026-05-26T08:21:44","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=4108"},"modified":"2026-05-26T08:21:44","modified_gmt":"2026-05-26T08:21:44","slug":"ghana-to-start-buying-30-of-large-gold-mines-ouput-from-june","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=4108","title":{"rendered":"Ghana to start buying 30% of large gold mines\u2019 ouput from June"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>Ghana\u2019s central bank said it plans to increase gold purchases from the West African nation\u2019s large-scale producers to 30% of their output from 20%, starting June 1.<\/p>\n<p>The Bank of Ghana, which has been buying 20% of refined gold from mining firms with cedis for its reserves, has finalised negotiations to lift that to 30% of their dor\u00e9 or unrefined gold, Paul Bleboo, who heads gold management at the regulator, said by phone.<\/p>\n<p>The decision to switch to dor\u00e9 gold will help boost local processing capacity and job creation, he said, adding that the parties have agreed to a 0.6% price discount.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>Accra-based Gold Coast Refinery will process the dor\u00e9 gold to refined gold before shipping to the South Africa-based Rand Refinery for London Bullion Market Association certification, Bleboo said.<\/p>\n<p>Africa\u2019s top gold producer in 2022 ordered mining firms, including South Africa\u2019s Gold Fields, UK-based AngloGold Ashanti Plc and American miner Newmont to start selling part of their output to the central bank to help boost reserves and support the local currency.<\/p>\n<p>\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n<p>#Ghana #start #buying #large #gold #mines #ouput #June<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana\u2019s central bank said it plans to increase gold purchases from the West African nation\u2019s large-scale producers to 30% of their output from 20%, starting June 1. The Bank of&hellip; <\/p>\n","protected":false},"author":1,"featured_media":4109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3997,3815,158,3261,2071,6443,6444,191],"class_list":["post-4108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-buying","tag-ghana","tag-gold","tag-june","tag-large","tag-mines","tag-ouput","tag-start"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/4108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4108"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/4108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/4109"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}