Newmont pays GHc 2.76 billion tax to government in 2022

AddoYobo, said, “the Ahafo oper mines) paid a total of GHc 2.76 billion in taxes, royalties, levies, and carried interest to the Government of Ghana in 2022, through the Ghana Revenue Authority, Forestry Commission, and Ministry of Finance.

For the full year (2022), Newmont Africa paid GHc 1.53 billion as Corporate Income Tax, million as Withholding Tax, GHc 222.1 million as Carried Interest, and GHc 35.5 million as Forestry Levy. In the last quarter of the year (September to December of 2022), Newmont Africa’s pay ment to government amount ed to GHc 1.04 billion, across the two operations. Breaking it down by opera