Minerals Commission suspends Goldcoast GRC’s activities under reconnaissance licences over environmental concerns

The Minerals Commission has instructed Goldcoast GRC Ghana Limited to cease all operations under its reconnaissance licenses within Ghana's territorial waters, following objections raised by stakeholders concerning environmental and ecological impacts. The decision, announced in a letter dated October 5, 2026 by the Chief Executive Officer Isaac Tandoh, was prompted by concerns over the adequacy of consultations with those potentially affected by the company's activities.

The company was granted the reconnaissance licenses on February 9, 2026. The Minerals Commission had previously warned Goldcoast GRC that it needed to secure all necessary permits and authorizations from relevant state institutions before beginning any exploration work. Failure to address these concerns could lead to regulatory hurdles and the inability to obtain the required social license to operate.

The Minister for Lands and Natural Resources has ordered the immediate suspension of all activities under the licenses until the Commission completes its consultations and obtains the necessary ministerial authorization. During this pause, Goldcoast GRC must cooperate with the Minerals Commission, relevant state agencies, and all affected parties.