The Minerals Income Investment Fund (MIIF), in collaboration with key state institutions in Ghana’s extractive sector, has revived an inter-agency committee aimed at improving the monitoring, verification and collection of mineral royalties and other mining-related revenues due the state.

The committee brings together representatives from Ghana Revenue Authority, Minerals Commission, Ghana Standards Authority, Minerals Development Fund, Economic and Organised Crime Office, Environmental Protection Agency, Ministry of Lands and Natural Resources, as well as GoldBod and MIIF.

It is chaired by the Acting Commissioner of the Domestic Tax Revenue Division of the GRA, Dr. Martin Yamborigya.

The inaugural meeting of the reconstituted committee was held on Friday, May 8, 2026, at MIIF’s boardroom in Accra, where members deliberated on restoring effective coordination among institutions responsible for tracking mineral production, licensing, royalty payments and regulatory compliance.

According to MIIF Chief Executive Officer Mrs. Justina Nelson, the revival of the committee became necessary following a period of inactivity linked to institutional transitions, which created gaps in coordination, monitoring and enforcement within the sector.

She said the renewed platform would help address challenges such as undeclared production, royalty leakages and weak oversight, particularly in segments of the small-scale mining industry.

Mrs. Nelson stressed that mineral royalties remain a critical source of national revenue, supporting infrastructure development and broader economic growth.

She also noted that Ghana’s recent shift from a fixed royalty regime to a sliding scale system, combined with strong global gold prices, is expected to improve state revenue inflows.

Dr. Yamborigya acknowledged persistent challenges in domestic revenue mobilisation beyond large-scale mining, pointing to quarrying, salt production and other mineral operations that often receive limited monitoring.

The committee reviewed draft terms of reference outlining its mandate, governance structure and operational procedures, with emphasis on improving inter-agency data sharing, strengthening oversight systems and ensuring consistent reporting of production volumes and royalty obligations.

Members also proposed the creation of a centralised database of mining operators and mineral rights holders, as well as improved tracking systems to enhance compliance.

Discussions further touched on funding arrangements to sustain the committee’s operations, including field inspections and monitoring exercises, with participants considering cost-sharing mechanisms among member institutions.

Officials from the Ghana Revenue Authority said similar collaborative efforts in the past had yielded positive results, expressing optimism that renewed coordination would improve revenue assurance and compliance in the sector.

MIIF officials clarified that the Fund’s role will be primarily coordination and secretariat support, while reiterating that the broader goal is to safeguard national interest and strengthen accountability within the extractive industry.

At the end of the meeting, members agreed to adopt revised operational guidelines and hold regular monthly meetings to sustain engagement and oversight.

They also expressed optimism that stronger institutional collaboration would enhance transparency and help Ghana maximise long-term benefits from its mineral resources.