Sammy Gyamfi Appointed Acting MD of PMMC to Establish Ghana Gold Board

President John Dramani Mahama has appointed Sammy Gyamfi, the Communications Officer for the National Democratic Congress (NDC), as the acting Managing Director of the Precious Minerals Marketing Company (PMMC). Gyamfi has been tasked with the responsibility of establishing the Ghana Gold Board, an initiative outlined in the NDC’s 2024 manifesto.

In his new role, Gyamfi will spearhead the creation of the Ghana Gold Board, which is set to play a pivotal role in the management and marketing of Ghana’s gold resources. The Ghana Gold Board, referred to as the GoldBod, will help formalize the small-scale mining sector and provide support services for the industry, ensuring sustainable practices and benefiting the Ghanaian people. The GoldBod will operate under the direction of Ghana’s Finance Minister and is one of the key economic revitalization goals of the Mahama administration.

Sammy Gyamfi brings a wealth of experience to his new position. A lawyer, economic policy analyst, and alumnus of the prestigious Harvard Kennedy School, Gyamfi holds a Master’s in Economic Policy Management from the University of Ghana. He also has a BSc in Environmental Science and a Bachelor of Law from Kwame Nkrumah University of Science and Technology (KNUST). Prior to his appointment, he worked with Exton Cubic Group Limited, a renowned mining company in Ghana.

The creation of the Ghana Gold Board is seen as an essential step towards improving the country’s mining sector, particularly in managing the nation’s gold resources in a way that ensures economic stability and growth. This move aligns with the government’s agenda to create a structured, formal mining system that generates significant benefits for both the economy and the local communities.

With Sammy Gyamfi at the helm, there are high expectations for the successful implementation of the GoldBod and for addressing challenges within Ghana’s mining sector to promote long-term sustainability and profitability.

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