Zijin Golden Ridge Limited has confirmed a total economic contribution exceeding USD 570 million to Ghana during the 2024 financial year, reinforcing the Akyem Gold Mine's position as one of the country's most significant drivers of economic activity and fiscal revenue.
The figure encompasses direct fiscal payments to the Government of Ghana — including royalties, corporate taxes, and dividends — as well as payments to local suppliers and contractors, wages and salaries to Ghanaian employees, and structured community investments across the Birim North District.
Of the total, over USD 330 million was disbursed to Ghanaian businesses through local procurement, making the mine one of the largest buyers of locally sourced goods and services in the Eastern Region. The Company sources a wide range of materials, equipment, and professional services from Ghanaian-owned enterprises, actively building capacity within the local supply chain.
"This investment is a reflection of our long-term commitment to Ghana," said the Chief Financial Officer of Zijin Golden Ridge Limited. "We are not merely extracting resources — we are contributing to the building of a stronger, more self-sufficient economy."
Direct fiscal transfers to the state exceeded USD 185 million, including royalty payments, corporate income tax, and contributions to the Mineral Development Fund. The Company also paid over USD 1.2 million in structured community investment, funding infrastructure, education, health, and livelihood programmes across host communities.
The Minerals Commission of Ghana acknowledged the contribution as a demonstration of the transformative potential of responsible foreign investment in Ghana's mining sector, and called on other operators to emulate the model.
Leading sustainable gold mining operations in Ghana's Eastern Region, combining advanced technology with environmental stewardship and community development.
