Perseus Mining (Ghana) Limited has paid the Ghanaian government a US$35 million dividend, or around GH¢391.2 million, which represents the state’s 10% stake in the mining firm.
Compared to the US$5 million dividend paid to the state last year, the payment represents a sevenfold increase in the profits Ghana is getting from its ownership holding. On Tuesday, September 1, 2026, Finance Minister Dr. Cassiel Ato Forson made the announcement.
Dr. Forson thanked Perseus Mining for the payment, stating that the significant rise is indicative of the company’s increased profitability.
Additionally, the Finance Minister connected the development to the government’s larger initiatives to guaranty that Ghanaians benefit more from the nation’s natural resources.
The most recent dividend highlights how important Ghana’s carried interest in mining firms doing business there is financially. The government owns a 10% carried equity stake in eligible mining projects under Ghana’s mining fiscal scheme.
Compared to the US$5 million Ghana received from Perseus Mining the year before, the US$35 million payment is a significant improvement.
The most recent payment, which reportedly totals GH¢391,195,000, demonstrates the higher financial returns produced by the government’s ownership of the business.
According to Ehunabobrim Prah Agyensaim VI, chairman of Perseus Mining, the dividend increase was a result of the company’s excellent performance, effective operations, careful resource management, and the value generated by its collaboration with the Ghanaian government.
He pointed out that the mining corporation makes significant contributions to Ghana through taxes, royalties, and other legal requirements in addition to dividend payments.
The Edikan Gold Mine, Perseus Mining’s first developed mine, is located in Ghana’s Central Region. The Ghanaian government owns the remaining 10% of the business as a free-carried interest, while the corporation owns 90% of the beneficial interest.
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According to the corporation, as of June 30, 2026, it has paid around GH¢1.72 billion (US$229 million) in mining royalties, and nearly GH¢4.2 billion (US$367 million) in corporate income taxes and the Growth and Sustainability Levy. The estimated amount of PAYE and other statutory taxes was GH¢1.96 billion (US$246 million).
Additionally, Perseus has demonstrated excellent operational performance. According to its FY2026 figures, 404,998 ounces of gold were produced year at an all-in site cost of US$1,750 per ounce. The business reported US$769 million in notional cash flow for FY2026.
The most recent payout coincides with the government’s reinvigorated attempts to boost Ghana’s economic gains from its mineral riches.
The US$35 million payment is more than just a rise in government revenue for Ghana. It illustrates how the state’s equity engagement in the mining industry can result in higher profits.
It is anticipated that the government would keep pursuing measures to guaranty that the nation gets a more equitable portion of the value produced by its natural resources while promoting ethical investment and sustainable mining.
The latest payment from Perseus Mining therefore provides a significant boost to Ghana’s public finances and reinforces the potential of the country’s participation in the mining industry to generate long-term economic returns.