Ghana’s mining sector has generated a record GH₵17.7 billion in revenue for the government in 2024, representing a 51.2% increase from GH₵11.7 billion in 2023.
According to the Ghana Chamber of Mines, this significant growth highlights the sector’s growing role in domestic revenue generation.
Key Highlights
- Dividends paid to the state surged by over 600%, reaching GH₵1.03 billion.
- The mining industry’s contribution to domestic revenue rose from 8.8% to 9.6%.
- Mineral royalties experienced substantial growth, climbing by 76.7% from GH₵2.8 billion in 2023 to GH₵4.9 billion in 2024.
Call for Collaboration
The Chief Director at the Ministry of Lands and Natural Resources, Innocent Haligah, emphasized the need for stakeholders to collaborate with the Ghana Gold Board to promote a safer mining environment.
He also stressed the importance of focusing on strategic areas such as local content development and value addition to mineral resources.
