The Minority in Parliament has raised concerns that the newly enacted Minerals and Mining Royalty Regulations, 2025, could trigger significant job losses across the country.

The Legislative Instrument, which took effect on Monday, March 9, 2026, introduces a flexible royalty regime that adjusts rates based on movements in global commodity prices. The policy is designed to enable the state to increase earnings during periods of high international prices.

Speaking to the media in parliment, March 10, Chairman of the Subsidiary Legislation Committee, Patrick Boamah, cautioned that the new framework may discourage investment in Ghana’s mining industry.

He argued that while the regulation could boost government revenue in the short term, it risks driving away capital inflows, potentially leading to the loss of nearly one million jobs. According to him, reduced investment would also affect tax revenues, including corporate taxes and employee income taxes.

Mr. Boamah urged government to consider reducing the Growth and Sustainability Levy imposed on mining firms to one percent, saying such a move would help ease the burden on companies and sustain investor confidence.

The new regulations also provide for the establishment of a one percent Community Development Fund from lithium mining operations to finance infrastructure projects in the Mfantseman Municipality and other affected communities.

Meanwhile, Ghana is reportedly facing diplomatic pressure from countries including the United States, the United Kingdom, China, Canada, and Australia, over plans to increase gold royalty rates, amid concerns the changes could negatively impact major mining firms operating in the country.