Newmont pays GH¢12.8bn in taxes to gov't in 2025
Newmont paid a total of GH¢12.822 billion in taxes and other statutory payments to the government for 2025. The payments reinforce Newmont's position as one of the country's top contributors to domestic revenue.
The payments were made to key state institutions, including the Ghana Revenue Authority, Forestry Commission and the Ministry of Finance. The company's full-year contribution includes GH¢5.382 billion in corporate tax, GH¢1.628 billion in mineral royalties and GH¢1.832 billion in carried interest. It also paid GH¢3.025 billion in capital gains tax following the sale of its Akyem Mine in April 2025, alongside GH¢514 million in PAYE tax and GH¢434 million in withholding tax. Additional payments include a forestry levy of GH¢15 million and property rates of GH¢2 million. Beyond statutory payments, Newmont says it continues to support Ghana's socio-economic development through investments in infrastructure, environmental sustainability and community initiatives. In 2025, the company partnered with the government through the Ministry of Roads and Highways to rehabilitate the 46-kilometre Sunyani-Ntotroso-Akyerensua road. Newmont also contributed to Ghana's Tree for Life initiative.
Country Manager Danquah Addo-Yobo said the company remains committed to transparency and responsible operations. He 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
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Newmont has made significant tax payments to the government of Ghana for 2025. The company says the payments demonstrate its commitment to the country's economic growth - but what does this mean for the future?
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