Ghana’s mineral revenue outlook is showing strong momentum in 2025, with data from the Minerals Income Investment Fund (MIIF) revealing significant growth in royalty payments across all major mining segments for the first three quarters of the year.
The figures reflect strengthened regulatory compliance, improved production in key minerals, and sustained investor confidence in the country’s mining sector.
Large-scale gold mining remained the dominant driver, posting royalties of US$291.87 million by the end of September 2025, a 40.18% increase from US$208.20 million collected during the same period in 2024.
The mid-tier gold mining segment also recorded impressive growth, with royalties rising from GH₵40.61 million last year to GH₵59.44 million in 2025, representing a 46.38% jump.
A standout performer was the manganese sector, which achieved a remarkable 170% surge in royalty inflows, increasing from US$4.72 million in 2024 to US$12.75 million in 2025, driven by improved production and stronger compliance by operators. The quarry industry recorded a 13.12% rise in royalties, from GH₵11.62 million to GH₵13.15 million, while sand mining saw a 21.48% increase, climbing from GH₵364,998.58 to GH₵433,406.41.
CEO applauds gains, urges sustained effort
Commenting on the performance, MIIF Chief Executive Officer Mrs. Justina Nelson described the results as encouraging and a strong motivation for the Fund to deepen its engagement with the mining industry.
“We will not rest on our oars even with this achievement because we know there is more work to be done to end the year and in the years ahead,” she stated. Mrs. Nelson noted that MIIF will continue to work with stakeholders across the mining value chain to ensure operators remain fully compliant while collaborating with inter-agencies to sustain growth.
Confident outlook for year-end and beyond
Mrs. Nelson expressed optimism that the Fund would close the year on an even stronger footing, having recorded remarkable royalty performance during the first three quarters. She further pledged MIIF’s unwavering commitment to ensuring that Ghana’s mineral wealth continues to benefit both present and future generations.
