Global gold trading innovator India Gold Metaverse (IGM) is actively seeking investment opportunities within Ghana’s gold value chain to promote more sustainable sourcing of the precious metal.
At the 2025 Mining in Motion Summit in Accra, IGM’s Managing Director and CEO, Lamon Rutten, highlighted the company’s mission to revolutionize the bullion trade through advanced technology, creating a scalable online marketplace that democratizes access to jewelry and bullion.
“IGM’s platform offers consumers greater choice, fair pricing, and enhanced financial freedom by bridging physical gold holdings with modern financial instruments,” Rutten explained.
IGM integrates traditional gold and jewelry systems with contemporary financial practices, offering a broad spectrum of products and services tailored to investors, consumers, jewelers, and bullion dealers alike. This innovation aims to address longstanding inefficiencies, boosting transparency and accessibility across the global gold and jewelry sector.
“Our platform provides customized experiences for all stakeholders in the gold ecosystem,” Rutten emphasized.
Ghana’s Strategic Role in Gold Trade
Ghana, Africa’s leading gold producer, plays a vital role in the continent’s economy by significantly contributing to GDP and export revenues. Rutten stressed the importance of Ghana securing its position in the expansive Indian market, which offers ample opportunities for growth and strategic partnerships.
“Ghana presents a viable and sustainable market with untapped potential, especially in artisanal and small-scale mining (ASM),” he noted. He called on the government to bolster efforts that secure large export markets to unlock further ASM growth.
In 2024, Ghana’s gold sector recorded exports worth $11.6 billion, marking a 52.6% increase from the previous year and driving the country’s overall GDP growth of 5.7%. Gold accounted for 57% of Ghana’s total export revenue and 56.3% of its total receipts. Small-scale miners alone contributed around $5 billion to export revenues.
Rutten commended Ghana’s government for progress in formalizing the ASM sector, acknowledging this as a crucial step toward a more sustainable gold industry.
Strengthening India-Ghana Gold Partnerships
Recognizing the impact of Ghana’s gold ecosystem, Rutten highlighted the potential for stronger collaborations with Indian stakeholders to foster innovation and tackle challenges within the sector.
The Mining in Motion Summit 2025
Hosted under the auspices of Otumfuo Osei Tutu II, Asantehene, and supported by the Ghanaian government, the Mining in Motion Summit 2025 concluded in Accra. The event served as a key forum for discussions on responsible mining, sustainability, and formalization of artisanal and small-scale mining across Africa.
The summit attracted delegations from leading African mining nations such as South Africa, the Democratic Republic of Congo, Burkina Faso, Mali, Ivory Coast, Kenya, Guinea, Tanzania, Senegal, Nigeria, and Niger.
Global industry leaders from the UAE, UK, Switzerland, Canada, China, India, Australia, and the US participated, driving investment and innovation focused on sustainable mining practices.
