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flag Ghana launched its first gold refinery in Feb 2026, enabling local refining, job creation, and national branding of gold, while tackling traceability and illegal mining challenges.

flag Ghana has launched its first domestic gold refinery, Gold Coast Refinery, processing artisanal and small-scale mining gold locally with a weekly capacity of up to two tonnes. flag The project, operational since February 2026, marks a milestone in value addition, creating 162 jobs and enabling Ghana to stamp its national emblem on refined bullion for the first time. flag The government plans to establish a modern fire assay laboratory by year’s end to independently verify gold purity, reducing reliance on foreign testing and improving royalty collection. flag While the initiative supports economic diversification and foreign exchange gains, challenges remain, including illegal mining ("galamsey") and concerns over traceability, which may limit access to high-regulation markets.

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