Ghana’s mining audit is a comprehensive review of the country’s mining sector, targeting major gold producers to recover lost revenue and tighten oversight. The audit, led by the Minerals Commission, will scrutinize production volumes, mineral flows, tax and royalty payments, and environmental compliance .
Key Components of the Audit:
Duration: The audit will run from November 1, 2025, to June 2026
Companies Involved: Major gold miners, including:
Newmont
AngloGold Ashanti
Gold Fields
Perseus
Asante Gold
China’s Zijin
Xtra-Gold
Documentation Requirements:
– 10 years of production logs
– 3 years of financial records
– All permits, stockpiles, and shipping manifests
– Audit Team: Government auditors, forensic accountants, and independent consultants
Objective: To recover lost revenue, ensure compliance with regulations, and safeguard revenue from soaring commodity prices
Audit Timeline:
November 2025: Gold Fields’ Damang mine and Perseus will be audited
December 2025 to May 2026: Newmont, AngloGold Ashanti, Zijin, and Asante Gold will be audited
June 2026: Xtra-Gold’s Kibi unit will be audited The audit aims to identify and recover previously unrealized government revenue through improved tax collection mechanisms, royalty enforcement procedures, and comprehensive regulatory compliance verification .
