Minerals Commission suspends reconnaissance license of Gold Coast GRC Ghana Limited

As indicated in our letter dated 4th February 2026, which communicated the Ministerial approval of the Commission’s recommendation to grant the licences, the Company is required to obtain all necessary authorisations, permits and approvals from the relevant State institutions before commencing any exploration-related activities.

During this period, the company is required to cooperate fully with the Commission, other relevant State institutions and all affected stakeholders in addressing the concerns raised and ensuring that all applicable regulatory, environmental and social requirements are duly satisfied.

The company is expected to refrain from undertaking any activities under the affected licences until the required consultations have been concluded and the necessary written authorisation for resumption has been issued," the letter concluded.