MIIF hits record GHc5.43bn in mineral royalty collections
18th March 2026
The Minerals Income Investment Fund (MIIF) posted a strong performance in 2025, with mineral royalty collections reaching their highest level since the Fund was established.
Latest figures show that total royalty receipts rose to GH₵5.43 billion, marking a 10.8 per cent increase from the GH₵4.90 billion recorded in 2024. This represents a record achievement for the Fund, driven by improved operations and favourable global market conditions.
The growth has been attributed to a mix of strategic measures and external factors. Key among them was the introduction of enhanced nationwide monitoring systems across mining sites, which helped ensure stricter compliance with royalty payment obligations. This approach reduced delays and boosted overall collection efficiency.
Favourable international market trends also played a significant role. Elevated gold prices throughout 2025 contributed to higher royalty values, supporting increased revenue from the mining sector.
Gold remains dominant
Gold continued to be the backbone of Ghana’s mineral revenue, with large-scale mining operations accounting for the bulk of collections. Royalty income from this segment climbed to GH₵5.1 billion in 2025, up from GH₵4.7 billion in 2024—an increase of nearly GH₵394 million.
The improved performance reflects closer collaboration between MIIF and key institutions, including the Minerals Commission and the Ghana Revenue Authority, as well as stronger oversight of mining activities.
It also highlights the combined impact of sustained high global gold prices and increased production levels, supported by output from major projects such as the Newmont Ahafo North Mine and the Cardinal Namdini Mine.