The report indicated that the situation has led the Ghana Gold Board (GoldBod), Ghana's state-run artisanal gold exporter, to work on shifting its gold cargoes to alternative refining hubs if flight disruptions to Dubai persist. The board is working to find a solution to the current challenge because about 80% of Ghana’s gold is refined in the United Arab Emirates (UAE) from output from its vast artisanal and small-scale mining (ASM) sector. “Potential alternative refining centres for Ghana include Shanghai and refining hubs in India, although going there would be more costly, gold traders and precious metals analysts said,” a section of the report read. The report indicated that the leadership of GoldBod did not expect the situation to affect actual trade because of the longstanding interest from rival buyers. We have people lined up who have been knocking for years, some even ready to pay a premium," a GoldBod official, who requested anonymity because he was not authorised to speak to the media, is quoted as saying.

Source: GhanaWeb March 07, 2026 08:47 UTC