Ghana Orders First Major Audit of Mining Firms in a Decade

Ghana has launched its most extensive mining audit in more than ten years, targeting major gold mining companies with the aim of recovering potentially lost revenue and strengthening oversight of the sector.

The audit initiative, initiated by the regulatory Minerals Commission, was announced via a formal government letter issued to companies through the Ghana Chamber of Mines.

The letter states that the audit, set to run from November 1, 2025 to June 2026, will involve physical and financial inspections aimed at production volumes, mineral flows, tax and royalty payments, and environmental compliance.

As part of the requirements, mining firms are being asked to submit up to ten years of production logsthree years of financial records, and full documentation of permits, stockpiles, and shipping manifests by October 31, 2025.

Company-specific audit reports must be provided within 30 days of each site visit.

The audit will cover several of the country’s largest mining companies, including top producers such as Newmont Corporation, AngloGold Ashanti, Gold Fields, Perseus Mining, and China’s Zijin Mining.

According to analysts, this move signals Ghana’s intention to boost the contribution of its mining sector—which accounted for significant export revenue in recent years—towards the national economy, while reinforcing the regulatory framework for mining operations.

Tags :
AngloGold Ashanti Ghana, ghana, Ghana gold mining revenue, Ghana mining audit, Ghana mining sector oversight, Gold Fields Ghana, Minerals Commission Ghana, mining compliance Ghana, Newmont Ghana audit, Perseus Mining Ghana, Zijin Ghana mining
Share This :

Leave a Reply

Your email address will not be published. Required fields are marked *