Newmont's record Ghana payments come with caveats and critics.
Article excerpt
Newmont's record Ghana payments come with caveats and critics. June 10, 2026 Newmont has pledged over US$150 million for roads in Ghana's mining regions, a promise arriving amid community complaints and record payments swollen by a one off windfall. The pledge, covering the next three years, builds on the company's partnership with the Ministry of Roads and Highways to rehabilitate the 46 kilometre Sunyani to Ntotroso to Akyerensua highway linking the Bono and Ahafo regions, and would rank Newmont among the largest private contributors to road building in Ghana's mining belt. The company has also put a figure, US$15 million, on its support for the government's Tree for Life programme to restore degraded lands and expand forest cover. Both commitments belong to a strategy the industry calls the social licence to operate: the recognition that access to ore no longer guarantees acceptance, and that governments, investors and host communities now judge miners on environmental, social and governance (ESG) performance as closely as on output. For Newmont, the strategy rests on a fiscal foundation it discloses voluntarily. The company paid GH¢12.822 billion in taxes and statutory fees for 2025, comprising GH¢5.382 billion in corporate tax, GH¢1.832 billion in carried interest, GH¢1.628 billion in mineral royalties and smaller payments including GH¢514 million in Pay As You Earn...
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With Ahafo North reaching commercial production in late 2025, adding roughly 560 permanent and 1,000 contracted jobs, both the company's output and the state's take are set to grow together.
