Ghana Mineral Exploration Tax Reform: Boosting Investment in Mining

Post Views: 273 Ghana mineral exploration tax Ghana Mineral Exploration Tax Reform Sparks Industry Optimism Ghana has announced a landmark mineral exploration tax reform, eliminating the 15% VAT on exploration and reconnaissance activities. This move aims to reduce upfront costs for mining companies and attract new investment. Finance Minister Cassiel Ato Forson highlighted the reform during the 2026 budget, emphasizing its role in reviving investor confidence and stimulating greenfield mining activity. The VAT on exploration, introduced 25 years ago, had increased operational costs during the...