[Ghana to Launch New Gold Royalty System on Tuesday] According to Reuters, the head of Ghana's (Africa's largest gold producer) mining regulatory body stated that Ghana will implement a new floating mechanism for gold royalties on Tuesday, linking national revenue to the rising gold prices. Reports last week indicated that the U.S. and other Western governments had taken the rare step of jointly attempting to persuade Ghana to halt this policy. The new royalty system will replace Ghana's previous flat 5% tax rate. Based on a framework document reviewed by Reuters, under the floating tax rate system, gold miners will be required to pay a 12% royalty when gold prices reach $4,500 per ounce. The royalty for lithium will also be adjusted to a price-linked floating range of 5% to 12%, corresponding to a price range of $1,500 to $3,200 per ton, while all other minerals will maintain a fixed tax rate of 5%.