Newmont has paid a total of GH¢12.822 billion in taxes and other statutory payments to the government for 2025, reinforcing its 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, a key corridor linking the Bono and Ahafo regions.
The project is expected to improve road safety, enhance connectivity and boost economic activity in communities along the route.
Newmont also contributed to Ghana’s Tree for Life initiative, a national programme aimed at restoring degraded lands and promoting environmental sustainability.
Commenting on the company’s contribution, Country Manager Danquah Addo-Yobo said the company remains committed to transparency and responsible operations.
“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 one of Ghana’s leading gold producers, with a continued focus on responsible resource development that delivers value for both local communities and the national economy.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
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