Minerals Commission suspends reconnaissance license of Gold Coast GRC Ghana Limited

The Minerals Commission has temporarily halted the operations of Gold Coast GRC Ghana Limited due to concerns raised by key stakeholders. The decision, outlined in a letter seen by Myjoyonline, stems from the mining sector clean-up efforts being undertaken by the regulator. The letter, addressed to the Minister for Lands and Natural Resources and other relevant officials, explains that the company must secure all necessary authorizations before beginning any exploration activities.

However, the Commission has received representations expressing concerns regarding potential environmental impacts and the adequacy of consultations with affected individuals, communities, and groups. In light of these concerns, the Commission has temporarily suspended all activities under the company's reconnaissance license. The suspension will remain in effect until the Commission completes its consultations and obtains the necessary written Ministerial authorization for resumption.

During this period, the company is expected to collaborate with the Commission, other state institutions, and affected stakeholders to address the raised concerns and ensure compliance with all relevant regulations, environmental standards, and social requirements.