The Ghana Chamber of Mines is urging government to scrap the Growth and Sustainability Levy (GSL) for mining companies, warning that the current tax structure is placing undue strain on the industry.

In a statement dated April 20, 2026, the Chamber acknowledged the recent reduction of the levy from 3 percent to 1 percent, but said the cut is insufficient to significantly reduce the overall tax load on operators.

It noted that both the GSL and mineral royalties are charged on gross revenue, meaning they do not take into account production costs—an arrangement it says disproportionately affects high-cost and marginal mines.

According to the Chamber, the continued application of multiple revenue-based taxes could undermine Ghana’s attractiveness to investors in the global mining space and potentially impact future state earnings.

The group is therefore calling for more comprehensive fiscal reforms, including the full removal of the levy, to help sustain investment and growth in the sector.