Transparency and accountability: The key role of ERG in the DRC

In a thriving mining environment, the issue of subcontracting practices in the natural resources sector, especially in the Democratic Republic of Congo (DRC), is gaining significant attention. Eurasian Resources Group (ERG) in Africa has recently been under the spotlight concerning its subcontracting operations in the DRC. In response to these concerns, the Luxembourg-based company has taken steps to clarify its stance and emphasize its dedication to ethical and transparent practices.

ERG asserts that the subcontractors mentioned in media reports are not directly linked to the company and denies any involvement in illicit activities. As a prominent industry player, ERG upholds the highest ethical standards in all its operations, including those in the DRC.

The company’s collaboration with the Regulatory Authority for Subcontracting in the Private Sector (ARSP) is central to its approach, with ERG regularly undergoing audits and ensuring complete transparency. While recent investigations by ARSP have revealed discrepancies in some suppliers’ contracts, ERG is actively working to address these issues and ensure compliance with regulatory standards.

Beyond addressing specific concerns, ERG expresses its support for the economic development initiatives led by President Félix Tshisekedi in the DRC. Through significant investments and job creation, ERG contributes to building a thriving middle class and fostering enduring partnerships with local communities.

ERG’s strategic vision focuses on ongoing cooperation with authorities and stakeholders to enhance its subcontracting practices for the benefit of local populations and the broader economy. By embracing a responsible development approach, the company aims to cultivate strong and equitable relationships with its partners while promoting sustainable and inclusive growth.

As a committed and responsible player in the Congolese mining sector, Eurasian Resources Group Africa underscores its dedication to advancing the country’s social and economic progress. By combining economic success with social responsibility, ERG outlines a sustainable mining model that upholds the rights of local communities and aligns with rigorous international standards.

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