The Government of Ghana has received a major financial boost after Perseus Mining (Ghana) Limited paid GH¢391,195,000, equivalent to US$35 million, in dividends to the state.
The payment represents Ghana’s return on its 10% interest in the company and is seven times the US$5 million dividend paid last year, according to the Ministry of Finance.
Finance Minister Dr. Cassiel Ato Forson, receiving the payment on behalf of the government and people of Ghana, described the sharp increase as evidence of the mining company’s improved profitability.
“Ghana must receive its fair share from the extractive sector.”
The Finance Minister stressed that Ghana’s natural resources must translate into tangible economic benefits for its citizens, particularly when mining companies are recording higher profits and commodity prices are favourable.
From US$5 Million to US$35 Million
The jump from US$5 million to US$35 million represents a sevenfold increase in just one year.
Perseus Mining Board Chairman Ehunabobrim Prah Agyensaim VI attributed the improvement to strong company performance, prudent management of resources and the partnership between the company and the Government of Ghana.
Beyond the latest dividend, Perseus Mining reported that as of June 30, 2026, it had paid approximately GH¢1.7 billion in mineral royalties, GH¢4.2 billion in corporate income tax and the Growth and Sustainability Levy, and GH¢1.96 billion in PAYE and other statutory taxes.
Ghana Must Benefit From Its Natural Resources
The development raises an important national question: How can Ghana ensure that its enormous mineral wealth produces lasting prosperity for ordinary citizens?
Mining companies must be allowed to operate profitably and within a predictable investment environment. At the same time, profitability cannot benefit investors alone while communities and the nation that own the natural resources receive inadequate returns.
The objective should therefore be a balanced partnership—protect investment, encourage production and employment, but ensure Ghana receives appropriate dividends, royalties, taxes and wider economic benefits.
The GH¢391.2 million dividend is encouraging, but the bigger objective must be transforming revenues from gold and other natural resources into jobs, quality healthcare, education, infrastructure and sustainable development.
As Dr. Ato Forson has emphasised, when mining companies prosper from Ghana’s resources, the people of Ghana must also benefit.
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