Small-scale miners face 3% cut in gold purchase price under 2027 proposal

The government has proposed a three per cent discount on gold purchases from the small-scale mining sector from 2027 to reduce the cost of accumulating the country's foreign exchange reserves from five per cent to two per cent. The Finance Minister, Dr Cassiel Ato Forson, announced the proposal when he presented the 2027 Budget Statement and Economic Policy to Parliament…