• About
  • Advertise
  • Careers
  • Contact
Saturday, March 21, 2026
No Result
View All Result
NEWSLETTER
mynewssourceonline
  • Home
  • Politics
  • Entertainment
  • Business
  • Legal
  • Sports
  • Lifestyle
  • World
  • Opinion
  • Home
  • Politics
  • Entertainment
  • Business
  • Legal
  • Sports
  • Lifestyle
  • World
  • Opinion
No Result
View All Result
mynewssourceonline
No Result
View All Result
Home Mains

GoldBod opening door for galamsey – Minority

Afenyo-Markin warns proposed gold trade regulator could create loopholes and undermine the fight against galamsey

by admin
January 27, 2026
in Mains, News
0
Minority Afenyo NDC, GoldBod galamsey Minority

Afenyo-Markin

0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

The Minority in Parliament has raised red flags over former President John Dramani Mahama’s proposed GoldBod initiative, cautioning that the policy could deepen the illegal small-scale mining crisis—commonly known as galamsey—rather than resolve it.

Minority Leader Alexander Afenyo-Markin said the GoldBod concept, which is intended to regulate gold purchasing and streamline the trade, could create new loopholes for illegal miners if it is not carefully designed and strictly enforced. He warned that weak oversight structures could end up legitimising gold sourced from unlawful mining operations.

He stressed that galamsey remains one of Ghana’s gravest environmental and socio-economic threats, citing the destruction of farmlands, contamination of major water bodies, and growing risks to public health.

Speaking at the Minority Caucus’ Holding Government to Account press briefing, Afenyo-Markin criticised the government for what he described as a lack of policy clarity and concrete action in the fight against illegal mining. He argued that any framework governing gold trade must be built on rigorous traceability and enforcement, or risk undoing progress made in tackling galamsey.

While addressing the Gold-for-Reserves policy, Afenyo-Markin clarified that the Minority does not oppose the initiative, noting that it was originally introduced by his side of the House. However, he objected strongly to the structure of GoldBod, particularly its dual role.

“The establishment of the GoldBod as a regulator and also an operator is, in a way, directly encouraging galamsey activities,” he said.

He further observed that the environmental damage from illegal mining continues to escalate, adding that organised labour groups have also voiced concern about worsening pollution of water bodies.

“Our water bodies are being polluted. In fact, Organised Labour has sounded the alarm and indicated that galamsey activities have worsened,” he stated.

Afenyo-Markin accused the government of lacking genuine commitment to the anti-galamsey fight, describing its approach as largely cosmetic.

“This government has failed to provide evidence of its commitment to the fight against galamsey. It is clear they are engaged in a public relations gimmick, focusing on optics rather than substance,” he said.

He also questioned the operational transparency of GoldBod, arguing that it remains unclear whether the body differentiates between legally mined gold and gold from illicit sources.

“Today, we do not know whether GoldBod makes a distinction between legally mined gold and illicit gold. All we hear are success stories and claims about the tonnes of gold purchased,” he added.

Tags: Afenyo-MarkinGoldBodMinority
admin

admin

Next Post
Metro Mass port

Idle Metro Mass spare parts left to rot at port for two years

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Pan-African Movement

Pan-African Movement attracts 1,000+ entries across Africa

2 months ago
Newspaper headlines

Here are today’s newspaper headlines, Wednesday, October 22, 2025

5 months ago

Popular News

  • lithium Minority

    Parliament approves lithium lease despite Minority opposition

    0 shares
    Share 0 Tweet 0
  • Stop intimidating journalists, GJA warns police

    0 shares
    Share 0 Tweet 0
  • Adu-Boahene trial: No record of GH¢49.1M theft at NSB, AG’s witness says

    0 shares
    Share 0 Tweet 0
  • BoG cuts policy rate to 14% despite oil shock risks

    0 shares
    Share 0 Tweet 0
  • Overhaul public sector recruitments – IERPP advocates

    0 shares
    Share 0 Tweet 0

Connect with us

  • About
  • Advertise
  • Careers
  • Contact
Call us: +233208991455

© 2025 Mynewssourceonline - All rights reserved

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Banking
  • Legal
  • Sports
  • Lifestyle
  • World
  • Opinion

© 2025 Mynewssourceonline - All rights reserved