The government has presented a new Minerals (Royalties) Pricing Schedule Regulation to Parliament, introducing a sliding-scale royalty system for gold, lithium, and other minerals mined in Ghana.

The regulation, enacted under Regulation 2(1) of the relevant instrument, is designed to align Ghana’s mineral royalties with international market prices, ensure fairer returns to the state during periods of high commodity prices, and promote transparency in determining mineral values.

Under the new regime, gold royalties will no longer be charged at a flat rate but will vary according to global prices. Speaking to the media in Parliament on December 19, 2025, Minister of Lands and Natural Resources, Emmanuel Armah-Kofi Buah, outlined the tiered rates:


  • 5% for gold priced up to US$1,900 per ounce

  • 6% for US$1,901 – US$2,000

  • 7% for US$2,001 – US$2,500

  • 8% for US$2,501 – US$3,000

  • 9% for US$3,001 – US$3,500

  • 10% for US$3,501 – US$4,000

  • 11% for US$4,001 – US$4,500

  • 12% for prices exceeding US$4,500 per ounce

Minister Buah also highlighted that the sliding-scale model has already been applied in the Ewoyaa Lithium agreement with Barari DV, which was presented to Parliament. Under this system, Ghana’s lithium royalties will start at 5% for prices up to US$1,500 per tonne and rise to 7% for prices between US$1,501 and US$2,500.

“The new pricing framework reflects the government’s commitment to ensuring that Ghana derives fair value from its natural resources,” he said.