Collins Sefa Gold mining giant Newmont Ghana has paid GH¢2.388 billion in taxes, royalties, levies and carried interest to the Government of Ghana for the third quarter of 2025.
The payments were made through state institutions including the Ghana Revenue Authority (GRA), Forestry Commission and the Ministry of Finance.
The Q3 fiscal contributions include:
- GH¢1.192bn – Corporate Tax
- GH¢511m – Capital Gains Tax
- GH¢309m – Minerals Royalty
- GH¢234m – Carried Interest
- GH¢75m – PAYE
- GH¢67m – Withholding Tax
These disbursements bring Newmont’s total payments from January to September 2025 to GH¢9.874 billion, reinforcing its role as one of the country’s largest taxpayers and a significant contributor to national revenue.
“These payments demonstrate our ongoing commitment to honouring our tax and other obligations to the state and our local communities. By paying our fair share and disclosing these contributions, we promote transparency and good governance,” said Danquah Addo-Yobo, Country Manager for Newmont Ghana.
Newmont remains a major driver of economic development through tax payments, job creation, local procurement and community investment.
The company is also expected to boost Ghana’s gold output following the official opening of its Ahafo North mine in October 2025. The mine is projected to produce 275,000–325,000 ounces of gold annually, increasing Newmont’s production capacity and contribution to the national economy.
