The portfolio of MIIF encompasses minerals 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 revenue through dividends from Government’s mandated stake in select mining companies.
Gold forms the largest portfolio of revenue
13 Large-Scale Gold Processing Companies
Beyond Gold, MIIF derives royalties from four other minerals – Quarries, Limestone, Salt and 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.