GoldBod Suspends Licence of Evanex Gold Enterprise Over Illegal Pricing
The Ghana Gold Board (GoldBod) has suspended the licence of Evanex Gold Enterprise, a Tier 2 licensed gold buyer, with immediate effect.
The decision, announced on Thursday, August 28, 2025, follows investigative findings that the company was involved in illegal gold pricing, in violation of the terms and conditions of its licence.
In a compliance notice signed by the Compliance Directorate, GoldBod directed all licensed traders, miners, and the general public to refrain from engaging in any transactions with Evanex Gold Enterprise.
“Notice is hereby given to all licenced traders, miners, and the public to desist from trading and/or engaging in any form of gold transaction with Evanex Gold Enterprise forthwith,” the statement said.
GoldBod reiterated its commitment to enforcing the laws and regulations governing Ghana’s gold trading sector, stressing that accountability and transparency remain central to its oversight role.
The suspension forms part of broader efforts to curb malpractice within the industry and to ensure strict compliance with regulatory standards.
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