Accra, Ghana ― Newmont has paid GH₵ 2.388 billion in taxes, royalties, levies, and carried interest to the Government of Ghana for the third quarter of 2025.
These payments were made through the respective government agencies, including the Ghana Revenue Authority, Forestry Commission, and the Ministry of Finance.
The third quarter payment includes Corporate Tax of GH₵1.192 billion, Capital Gains Tax of GH₵511 million, Minerals Royalty of GH₵309 million, Carried Interest of GH₵234 million, Pay As You Earn (PAYE) Tax of GH₵75 million, and Withholding Tax of GH₵67 million.
This brings Newmont’s year-to-date fiscal payments (from January to September 2025) to GH₵ 9.874 billion, reaffirming the company’s consistent contribution to Ghana’s fiscal and economic development.
“These payments demonstrate our ongoing commitment to honouring our tax and other obligations to the state, as well as to our local communities. By paying our fair share of taxes and disclosing these payments, we help to promote transparency and good governance”, Danquah Addo-Yobo, Country Manager for Newmont’s Ghana Operations, said.
Newmont is one of Ghana’s leading taxpayers and a key contributor to national development through tax payments, employment creation, local procurement, and community investment, according to a press release issued by the mining giant.
It added: “With the official opening of the company’s Ahafo North mine in October this year, which is expected to deliver between 275, 000 to 325,000 ounces of gold annually, Newmont will increase its production footprint in Ghana, along with increased contribution to Ghana’s economy”.
