The Minerals Income Investment Fund (MIIF) is projecting about GH¢9 billion in mineral royalty receipts by the end of 2026, following strong revenue performance in the first half of the year.
Mrs Justina Nelson, Chief Executive Officer of MIIF, said the Fund had mobilised GH¢5.3 billion in mineral royalties during the first six months of 2026, putting it on course to exceed its previous performance.
She disclosed this when Chief Justice Paul Baffoe-Bonnie paid a courtesy call on the Fund in Accra as part of his institutional visits.
Mrs Nelson said MIIF recorded a 5.4 per cent improvement in royalty receipts in 2025 compared with 2024, while its income for the year stood at GH¢1.1 billion.
She said the Fund had also recorded GH¢2 billion in royalty receipts during the first half of 2025, adding that the latest performance reflected ongoing efforts to improve the efficiency and profitability of state-owned institutions.
The Chief Executive Officer said MIIF’s mandate went beyond mobilising and monetising mineral royalties for the State, explaining that the Fund also invested in the mining value chain through equities, fixed-income instruments and alternative investments.
She said MIIF was equally paying greater attention to environmental, social and governance (ESG) considerations within the mining sector, particularly the environmental damage caused by illegal mining.
Mrs Nelson said the Judiciary could play an important role in supporting the Fund’s expanding investment activities, particularly through the provision of legal opinions and advice on the structuring of transactions.
Chief Justice Baffoe-Bonnie commended MIIF for its financial performance, saying the results demonstrated that effective management and prudent use of public resources could generate significant returns.
“Two per cent has yielded so much. I don’t know how,” he said, in reference to the statutory allocation available to the Fund.
He urged the management of MIIF to sustain the strategies that had contributed to its performance, stressing the importance of integrity, collaboration and a commitment to leaving a positive legacy in public service.
The Chief Justice also called for the establishment of specialised courts to deal with illegal mining, popularly known as galamsey, and related cases.
He said the Judiciary was ready to contribute to national efforts to tackle illegal mining, which he described as a major national concern with far-reaching consequences for the environment, water bodies and communities.
Mr Richard Kwame Asante, Board Chairman of MIIF, said illegal mining posed serious environmental, economic and governance challenges to the country and welcomed the proposal for specialised courts.
“At MIIF, we believe that the fight against illegal mining requires an all-hands-on-deck approach,” he said.
He said the Fund recognised the importance of transparency, accountability, integrity, professionalism and respect for the rule of law in the management of public resources.
