The Minerals Commission of Ghana has directed the immediate suspension of all activities by GoldCoast GRC Ghana Limited under its reconnaissance licences within Ghana's territorial waters. This decision was made on October 5, 2026, following concerns raised by key stakeholders over the grant of mineral rights and proposed activities. The stakeholders' concerns primarily relate to potential environmental and ecological impacts and the adequacy of consultations with affected persons and groups.
GoldCoast GRC Ghana Limited was granted reconnaissance licences on February 9, 2026, for activities within Ghana's territorial waters. However, the Commission had previously noted that the company needed to obtain all necessary authorisations and permits from relevant State institutions before commencing exploration activities. Despite this, representations were received from stakeholders raising concerns about the grant of mineral rights and proposed activities.
The concerns raised by stakeholders involve the possible environmental and ecological effects of the proposed operations and whether sufficient consultations have been undertaken with individuals and groups who could be affected. The Commission stated that these matters must be properly considered and addressed before the company is allowed to resume activities. The directive was signed by the Chief Executive Officer of the Minerals Commission, Isaac Tandoh.
The Minister for Lands and Natural Resources directed the immediate suspension of all activities under the licences. The suspension will remain in force until the Commission completes the necessary consultations and issues written ministerial authorisation for activities to resume. During this period, GoldCoast GRC Ghana Limited is required to cooperate fully with the Minerals Commission, relevant State institutions, and all affected stakeholders.
The Commission's position emphasises stakeholder consultation as a crucial part of the process before the company can resume activities under the reconnaissance licences. The suspension means the company will have to await the completion of the regulatory and stakeholder consultation process, as well as written ministerial authorisation, before activities covered by the licences can resume.
Copies of the letter were sent to various officials, including the Minister and Deputy Minister for Lands and Natural Resources, the Chief Director of the Ministry, and the Executive Secretary of the Environmental Protection Authority. The Minerals Commission expects GoldCoast GRC Ghana Limited to give the matter its full cooperation and prompt attention.
The suspension of GoldCoast GRC's offshore activities highlights the importance of environmental and social considerations in Ghana's mining sector. The Commission's decision demonstrates its commitment to ensuring that mining activities are carried out in a responsible and sustainable manner.
Key points
- The suspension was due to stakeholder concerns over potential environmental and ecological impacts.
- The company must cooperate fully with the Minerals Commission and relevant stakeholders during the suspension period.
- The suspension will remain in force until the Commission completes the necessary consultations and issues written ministerial authorisation.
