Royalties & Dividends Portfolio

The portfolio of MIIF inflow encompasses royalties due the Republic of Ghana from mining operations, comprising of amounts payable under section 25 of the Minerals and Mining Act, 2006 (Act 703) (“MMA”); and any other royalty payable by a mining company to the Republic whether or not linked to the value of extracted minerals in respect of mineral production in terms of any agreement entered into between a mining company and the Republic or any agency of the Republic pursuant to section 48 or 49 of the MMA or equivalent legislation.

MIIF also derives inflow through dividends from Government’s mandated stake in mining companies.

Large-Scale Gold Mining

Large-scale gold mining companies remain the dominant contributors to royalty inflows, accounting for over 90% historically and approximately 97% of total royalties in 2025.

Over 20 mining companies operating under large-scale mine leases

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Bulk Minerals

MIIF also derives royalties from other aggregates such as Manganese, Quarries, Limestone, Salt, Sand and Clay. The aggregate contribution of these bulk minerals has historically remained below 3% of total inflows, reaching approximately 3% as at the end of 2025.

Quarry Operators

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Limestone  Operators

Limestone

Salt Operators

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Manganese Operator

Manganese

Governance & Leadership

The Fund anchors its governance structure on the principles of openness and transparency, accountability, sustainability, efficiency and effectiveness, ethical conduct, the rule of law innovation, and the openness to change.
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Stakeholders

The Minerals Income Investment Fund (MIIF) is a fund intended to benefit the entire Ghana, both current and future generations, so that everyone gains from Ghana’s mineral wealth.
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Corporate Social Responsibility

MIIF’s Corporate Social Responsibility (CSR) strategy is focused on helping communities and individuals across Ghana build financial security and participate in Ghana’s economic transformation.
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