Ghana Hits Record Mineral Royalties in 2025

Ghana’s Minerals Income Investment Fund (MIIF) has recorded its highest-ever mineral royalty collections, totaling GH₵5.43 billion in 2025, up 10.8% from GH₵4.90 billion in 2024. This milestone reflects stronger compliance, elevated commodity prices, and improved operational efficiency, the Fund said.

Gold mining remains the backbone of Ghana’s mineral revenue. Royalty receipts from large-scale gold operations rose to GH₵5.1 billion, boosted by international gold prices, expanded production from mines such as Newmont Ahafo North Mine and Cardinal Namdini Mine, and stronger monitoring to enforce payments.

The manganese sector also contributed, with royalties increasing to GH₵212 million from GH₵186 million, thanks to higher production and better compliance. However, royalties from other minerals—granite, limestone, sand, and salt—remained minimal, affected by pricing pressures, import competition, weather, and restricted access to export regions.

MIIF CEO Justina Nelson described the record collections as a historic milestone, noting that the Fund surpassed GH₵5 billion for the first time despite currency fluctuations, with the cedi strengthening from around GH₵17 to GH₵12 per US dollar during the year.

Looking ahead, MIIF plans to tighten internal controls, expand field monitoring, and encourage higher output across the mining sector to ensure Ghana’s mineral wealth continues to benefit future generations.

Source: Newstimehub