By Dennis Peprah, GNA
Sunyani, (Bono), March 19, GNA-Newmont paid GH₵ 12.822 billion in taxes and other statutory payments to the government in 2025, reinforcing the company’s position as a
leading contributor to the nation’s domestic revenue.
According to a statement issued by the multi-national mining company, the payments were made to various state agencies, including the Ghana Revenue Authority, Forestry Commission and the Ministry of Finance.
A copy of the statement signed by David Johnson, the Director, Communications and External Relations, Africa, and made available to the Ghana News Agency (GNA) in Sunyani said 2025 full-year contribution comprised Corporate Tax of GH₵5.382 billion.
The rest were 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 company’s Akyem Mine in April 2025 as well as PAYE Tax of GH₵514 million.
It also paid Withholding Tax of GH₵434 million; Forestry Levy of GH₵15 million; and Property Rate of GH₵2 million.
The statement explained that beyond those statutory payments, Newmont supported Ghana’s long-term socio-economic development agenda through targeted investments in infrastructure, environmental sustainability and community development.
In 2025, the company partnered 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.
It said the road project, upon completion, will improve road safety, enhance connectivity, and stimulate local economic growth for communities along the stretch.
The statement added that the 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.
It quoted Mr Danquah Addo-Yobo, the Country Manager for Newmont’s business in Ghana, saying that: “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”, he added.
It explained that Newmont remained 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.
GNA
Edited by George-Ramsey Benamba