The Minerals Income Investment Fund (MIIF) recorded exceptional performance in mineral royalty collections during the 2025 financial year.
New data shows that total royalty receipts reached a record GH₵5.43 billion, representing a 10.8% increase from the GH₵4.90 billion recorded in 2024.
The achievement marks the highest royalty collection since the Fund’s inception and reflects strong operational performance as well as favourable market conditions.
The strong performance in 2025 has been attributed to a combination of strategic initiatives and favourable market dynamics, including the implementation of rigorous nationwide monitoring protocols across mining operations to ensure strict compliance with royalty payment obligations.
This proactive enforcement mechanism significantly reduced payment delays and improved collection efficiency.
In addition, international gold prices remained elevated throughout the year, positively impacting royalty valuations. The sustained high pricing environment created favourable conditions for increased revenue generation from gold mining operations.
Gold Remains Anchor
Available data shows that large-scale gold mines continued to underpin Ghana’s mineral revenue base. Royalty receipts from the segment rose to GH₵5.1 billion in 2025, up from GH₵4.7 billion in 2024, representing an increase of nearly GH₵394 million.
The strong performance reflects MIIF’s enhanced monitoring of mining operations and collaboration with key stakeholders such as the Minerals Commission and the Ghana Revenue Authority.
It also reflects the impact of elevated global gold prices throughout 2025 and increased output, including production from the Newmont Ahafo North Mine and the Cardinal Namdini Mine.
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