Newmont to pay Government GHS12.822 billion in 2025
Mining company Newmont is expected to pay Ghana's government GHS12.822 billion in taxes and royalties for the 2025 fiscal year. This payment reinforces Newmont's role as a major contributor to national revenue.
StatsGH
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Newmont, a major mining company in Ghana, expects to pay GHS12.822 billion to the government in 2025. This amount covers taxes and royalties.
These payments are important for Ghana's public finances. They provide a large source of income for the government budget.
Newmont's payment of GHS12.822 billion marks its position as a top revenue contributor. Such large payments from companies help fund public services and development projects.
The steady flow of revenue from the mining sector reduces the government's need for other funding sources. This can help stabilize the national budget. The mining industry's contributions are a key part of Ghana's economic structure.
