Risk Management & Ethics
Anti-Money Laundering (AML) and Fraud Prevention
Last Updated: May 2, 2025Introduction Anti-money laundering (AML) practices are critical in the gold trade due to the potential for illicit financial flows and fraud. Gold is a high-value asset, and without proper safeguards, it can be used to launder money or finance illegal activities. This article explores the risks of money laundering in the gold trade and provides...
Environmental & Social Responsibility in the Gold Trade
Last Updated: May 2, 2025Introduction As the global demand for ethically sourced gold rises, mining operations must take greater responsibility for their environmental and social impacts. This article explores the environmental challenges faced by the gold industry and the growing demand for sustainable and socially responsible practices. Environmental Challenges in Gold Mining Gold mining, particularly in small-scale and artisanal...
Sourcing and Supply Chain Transparency
Last Updated: May 2, 2025Introduction In recent years, sourcing and transparency in the supply chain have become critical issues for investors, consumers, and regulators alike. In the gold sector, the challenge lies in ensuring that the gold mined in Ghana comes from legal and ethical sources, avoiding conflict minerals, and preventing gold from being illegally sourced. Challenges in Gold...
The Regulatory Landscape: Ensuring Compliance and Avoiding Risks
Last Updated: May 2, 2025Introduction Ghana’s gold sector is one of the largest and most important contributors to its economy. To ensure that the industry operates smoothly and transparently, a robust regulatory framework has been established. This framework serves to mitigate the risks that arise from illegal mining activities, environmental degradation, and unethical practices. The Key Regulatory Bodies Ghana’s...
