Business & Economy

Newmont Ghana pays GH¢12.8bn revenue to Government in 2025

admin•13h ago•354 words · 2 min read

Summary

Newmont Ghana paid GH₵12.822 billion in taxes and other statutory payments to the Government of Ghana for 2025. These payments reinforce the company's position as a leading contributor to Ghana's domestic revenue.

The payments were made to the Ghana Revenue Authority (GRA), Forestry Commission and the Ministry of Finance. The 2025 full-year contribution comprises Corporate Tax of GH₵5.382 billion; Mineral Royalties of GH₵1.628 billion; Carried Interest of GH₵1.832 billion; Capital Gains Tax of GH₵3.025 billion (for the sale of the company's Akyem Mine in April 2025); PAYE Tax of GH₵514 million; Withholding Tax of GH₵434 million; Forestry Levy of GH₵15 million and Property Rate of GH₵2 million. Beyond these statutory payments, Newmont has also supported Ghana's long-term socio-economic development agenda through targeted investments in infrastructure, environmental sustainability and community development. In 2025, the company partnered with the Government of Ghana, through the Ministry of Roads and Highways, to rehabilitate the 46-kilometre Sunyani-Ntotroso-Akyerensua highway. Newmont also supported Ghana's Tree for Life initiative.

Danquah Addo-Yobo, Country Manager for Newmont's business in Ghana said: "Over the years we have been playing a leading role in the mining industry, in terms of our fiscal contribution, as well as our environmental stewardship and the value we generate for local businesses and communities. The promptness, accuracy and public disclosure of our statutory payments underscore our strong and transparent governance principles." Newmont remains

Quick Summary

Newmont Ghana made significant payments to the Government of Ghana in 2025. The payments were directed to various state agencies to support development - but what impact will this have?

#Newmont Ghana #revenue #taxes #Ghana #economy

Summary - read the full story for complete context.