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Specification guide

Exporting Gold from Ghana: The Compliance Steps

What it actually takes to export gold from Ghana legally under the GoldBod regime (Act 1140, 2025): assay and certification, GRA Customs documentation, the National-Assayer seal, OECD due diligence, and pricing against international spot — never below. The compliance steps an institutional buyer should expect, and the scam signatures to walk away from.

Exporting gold from Ghana legally is a documentation exercise, not a transaction of trust in unsolicited offers. The legitimate route runs through a single regulatory regime, a single assay discipline, and a single pricing reality — and every step leaves a paper trail a buyer can verify. Kronix Metals facilitates compliant precious-metals export from Ghana across the Lomé corridor to institutional buyers internationally, since 1992. Discuss a supply partnership: +233 27 000 0844. Institutional partners only.

Since 2025, all gold trading and export from Ghana’s artisanal and small-scale (ASM) sector runs through the Ghana Gold Board (GoldBod), established by the Ghana Gold Board Act, 2025 (Act 1140). GoldBod is the sole legal buyer, seller, assayer, weigher, valuer and exporter of ASM-sector gold, and it licenses the aggregators, buyers, assayers and export partners that feed it. The Act repealed the old PMMC Act and absorbed PMMC’s functions, including its National-Assayer role.

A legitimate exporter operates within this framework — not outside it, and never claiming to be it. Kronix Metals is a facilitator that works inside the GoldBod regime; we do not mine, we are not a refinery, and we are not GoldBod.

The Compliance Steps, In Order

1. Source Within the GoldBod Regime

Gold must originate from documented, GoldBod-compliant supply. Old PMMC and Ministerial trading licences are void, and from 1 May 2025 foreigners are barred from local gold trading — they may only off-take directly from GoldBod. Eligibility to trade locally is restricted to Ghanaians (18+) or wholly Ghanaian-owned companies.

2. Assay and Certify the Fineness

Fineness is determined and certified by assay — fire assay (cupellation, the definitive destructive standard) or XRF (non-destructive, near-instant) — not asserted. No legal doré leaves Ghana without designated-lab assay results and the National-Assayer seal that sits under GoldBod.

3. Run OECD-Aligned Due Diligence

Every counterparty and every source is checked against the OECD Due Diligence Guidance (Five-Step framework) for responsible mineral supply chains, with a documented chain-of-custody from origin to delivery.

4. Complete GRA Customs Documentation

The Ghana Revenue Authority (GRA) applies the 5% mineral royalty and the customs seals required for export. No gold leaves without full GRA Customs documentation alongside the assay seals.

5. Value Against International Spot

The lot is valued against the prevailing international spot price (LBMA / COMEX) for its assayed fineness and weight — never at an invented price, and never below spot.

What Compliant Export Documentation Looks Like

| Step | Document / control | |---|---| | Source | GoldBod-regime-compliant supply record | | Assay | Certified fineness (fire assay / XRF) + National-Assayer seal | | Due diligence | OECD-aligned counterparty + source records | | Chain-of-custody | Documented origin-to-delivery record | | Customs | GRA Customs documentation + 5% royalty | | Valuation | Against international spot (LBMA / COMEX) |

The Scam Signatures to Walk Away From

The “Ghana gold” search space is saturated with advance-fee (419) fraud, and the U.S. Embassy in Ghana, the Ghana Chamber of Mines, and others warn buyers about it directly. The single clearest test is price: the U.S. Embassy states plainly that gold is never sold at a discount and the price is dictated by the international market. Any offer below spot, at a discount, with an advance fee, an escrow demand, or a “guaranteed” parcel is the signature of a scam — not a trade. A legitimate exporter quotes against spot and never below it, and documents every step above.

Markets We Genuinely Serve

Kronix Metals facilitates compliant precious-metals export from Ghana to institutional buyers in the United Kingdom and major European markets, across Africa, and through the Ghana–Togo (Lomé) corridor and Francophone West Africa — in English and French. We describe only the markets we genuinely serve; we are an institutional B2B partner, not a retail seller.

Frequently Asked Questions

What licences are required to export gold from Ghana legally?

Legal ASM-sector gold export runs through the GoldBod regime under Act 1140 — GoldBod is the sole legal exporter, and it licenses the aggregators, buyers and export partners that feed it. Old PMMC trading licences are void, and foreigners were barred from local gold trading from 1 May 2025. Export also requires assay certification, the National-Assayer seal, and full GRA Customs documentation. Kronix Metals operates within that framework; we do not claim to be GoldBod, to mine, or to be a refinery.

How is exported gold priced?

Against the prevailing international spot price (LBMA / COMEX) for the assayed fineness and weight. There is no separate “Ghana gold price”, and no legitimate exporter offers gold below spot. An offer below spot, an advance fee, an escrow demand, or a “guaranteed” parcel is the 419 advance-fee scam signature.

Is Ghana gold LBMA-accredited?

No Ghana refinery is on the LBMA Gold Good Delivery List — the only LBMA Good-Delivery gold refiner in sub-Saharan Africa is Rand Refinery in South Africa. We make no LBMA-accreditation claim; the honest legitimacy anchors are GoldBod-regime alignment, assay documentation, and OECD-aligned due diligence.

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