Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Mrs. Justina Nelson, has pledged to consolidate the Fund’s 2025 gains in the year ahead, as management works to position MIIF among the world’s leading sovereign wealth funds.
Mrs. Nelson said the focus in 2026 would be on deepening reforms and strengthening partnerships with stakeholders to secure long-term value from Ghana’s mineral wealth for both current and future generations.
“Last year marked a defining phase in our transformational journey, delivering strong institutional reforms aligned with the standards of a world-class sovereign wealth fund,” she said.
“In 2026, together with our stakeholders, we will build on the successes of 2025, strong financial performance, robust internal systems, sound compliance and risk management, and strategic investments that secure value for both present and future generations.”
Her remarks follow what MIIF described as a successful year, marked by major institutional reforms and improved performance, particularly in mineral royalty receipts.
Ghana’s mineral revenue outlook showed strong momentum in 2025, with data from the first three quarters indicating significant growth in royalty payments across all major mining segments.
The gains have been attributed to improved regulatory compliance, higher production levels in key minerals and sustained investor confidence in the mining sector.
Large-scale gold mining remained the main driver of royalty inflows, generating US$291.87 million by the end of September 2025. This represents a 40.18 percent increase compared to the US$208.20 million recorded over the same period in 2024.
Mid-tier gold mining also posted strong growth, with royalties rising by 46.38 percent, from GH₵40.61 million between January and September 2024 to GH₵59.44 million in 2025.
The manganese sector recorded the most dramatic improvement, with royalty payments surging by about 170 percent. Inflows rose from US$4.72 million in 2024 to US$12.75 million in 2025, driven by higher production and stronger compliance by operators.
The quarry industry contributed to the upward trend, posting a 13.12 percent increase in royalties from GH₵11.62 million to GH₵13.15 million, while the sand mining sub-sector recorded a 21.48 percent rise, with receipts increasing from GH₵364,998.58 to GH₵433,406.41.
MIIF says the improved performance reinforces the importance of ongoing reforms and effective oversight, as the Fund seeks to maximize returns from Ghana’s mineral resources while maintaining transparency, accountability and long-term sustainability.
