Three months after the announcement of an increase in corporate tax for mining companies from 25 to 35 percent in Ghana, the raise is yet to be implemented. The tax may not be collected until 2013, according to TV3 television channel. “The attitude of government gives reasons to believe that it will yield to pressures from the industry,” wrote Alhassan Atta-Quayson, expert of Third World Network-Africa (TWN-A). “The Chamber of Mines reported that the new taxes would hurt mining companies and AngloGold Ashanti, followed up with a threat to stop production of some mines due to increased overhead cost resulting from the new taxes,” added Atta-Quayson.