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Newmont contributes over GH₵12bn in fiscal payments to gov’t of Ghana in 2025

Citi NewsroombyCiti Newsroom
March 17, 2026
Reading Time: 2 mins read
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Newmont paid a total of GH₵ 12.822 billion in taxes and other statutory payments to the Government of Ghana for 2025, reinforcing the company’s position as a leading contributor to Ghana’s domestic revenue.

These payments were made to various state agencies, including the Ghana Revenue Authority, 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 supports 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, a critical transport corridor that links the Bono region to the Ahafo region.

The road project, upon completion, will improve road safety, enhance connectivity, and stimulate local economic growth for communities along the stretch. Newmont also supported Ghana’s Tree for Life initiative, a national programme focused on reclaiming degraded lands, restoring forest ecosystems, and promoting long-term environmental sustainability.

Commenting on the company’s contributions, 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 the leading gold producer in Ghana with a commitment to promote responsible resource development that generates value and improves lives locally and at the national level.

About Newmont

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea.

Newmont is the only gold producer listed in the S&P 500 Index and is widely recognised for its principled environmental, social, and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise.

Newmont was founded in 1921 and has been publicly traded since 1925. At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to.

www.newmont.com.
Media Contact
David Johnson
Director, Communications & External Relations – Africa
+233 25 796 0234 | [email protected]

Tags: Ghana NewsGRANewmont
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