NOTICE OF MANDATORY PAYMENT OF ROYALTIES BY QUARRY OPERATORS, SALT MINING OPERATORS, LIMESTONE OPERATORS AND SANDWINNERS
THE MINERALS INCOME INVESTMENT FUND (MIIF), THE STATE ENTITY MANDATED TO RECEIVE AND MANAGE MINERAL ROYALTIES AMONG OTHER FUNCTIONS PER THE MINERALS INCOME INVESTMENT ACT 2018 (ACT 978) WISHES TO REMIND ALL LINCENSED AND ACTIVE QUARRY OPERATORS, SALT MINING OPERATORS, LIMESTONE MINING OPERATORS AND SAND WINNERS TO PAY UP THEIR OVER DUE ROYALTIES INTO THE DESIGNATED MIIF ACCOUNT AT THE BANK OF GHANA OR THROUGH www.Ghana.gov.gh TO AVOID SANCTIONS.
SEPARATELY, ALL RETURNS MUST BE FILED AT THE NEAREST GHANA REVENUE AUTHORITY OFFICE AND FILED WITH THE FINANCE DEPARTMENT OF MIIF OR ADDRESSED TO MIIF OR VIA EMAIL AT finance@miif.gov.gh.
OPERATORS WHO HAVE NOT PAID MINERAL ROYALTIES FROM 2021 AND BETWEEN JANUARY 2022 AND JUNE 22 ARE ALSO HEREBY NOTIFIED TO FULFIL THIS STATUTORY OBLIGATION FORTHWITH IN ORDER TO AVOID ANY BUSINESS INCONVENIENCE.
MIIIF HAS COMMENCED A NATIONWIDE INTER-AGENCY OPERATION TO ENSURE ALL MINING OPERATORS WITHIN THE JURISDICTION COMPLY AND ADHERE TO THE MINERALS INCOME INVESTMENT ACT 2018 (ACT 978) TO THE LETTER.
FOR FURTHER INFORMATION CONTACT MIIF VIA nana.tandoh@miif.gov.gh or call 0201855660,0201855612,0201855564
Kindly explore this website to learn more about the activities of the Minerals Income Investment Fund and its triple statutory mandate of managing the equity stake of Ghana in all mining companies, receiving royalties on behalf of the state and investing the royalties to guarantee the future wealth of Ghanaians.
OUR ROYALTIES, OUR HERITAGE
