Speaking in an interview with Energy Capital & Power at the Mining in Motion 2025 summit, Lamon Rutten, Managing Director and CEO of India Gold Metaverse, described the country as both a logical and strategic investment destination, particularly for gold buyers.

“India is the largest importer of African gold, and Ghana offers a reliable and accessible source, especially since more than half of its output comes from small-scale miners,” said Rutten. “While countries like Mali, Burkina Faso and Niger also produce significant volumes, most of their supply is tied up in large-scale operations. Ghana, by contrast, is the most logical starting point for us.”

He explained that India Gold Metaverse is interested in sourcing bullion directly from producers at the source. “Large-scale miners tend to have integrated supply chains, which makes their gold less accessible to companies like ours. Ghana offers a more open and direct pathway to market,” Rutten explained.

Commenting on how India Gold Metaverse’s digital-enabled gold trading solution benefits Ghana, Rutten said it creates transparency across the value chain. This, in turn, enables sellers to access better pricing and broader markets.

“Many buyers, especially in India’s jewelry sector, want assurance that the gold they purchase is produced responsibly,” Rutten said. “With digitization, we can track and showcase the origin of the gold, ensuring it comes from sustainable mining operations, which gives both sellers and buyers greater confidence.”

Watch the interview below: