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On the sidelines of the Mining Indaba, in the presence of His Excellency, Mr Louis Watum, DRC Minister of Mines, Eurasian Resources Group in Africa (ERG Africa) and the Entreprise Générale du Cobalt (EGC) signed a Memorandum of Understanding (MoU) aimed at strengthening sustainable and responsible artisanal cobalt mining in the Democratic Republic of the Congo (DRC).
This MoU forms part of a public-private partnership intended to enhance the formalisation, professionalisation and accountability of artisanal and small-scale mining (ASM). It provides EGC with mining rights over an exploitation area owned by ERG Africa and located in Lualaba Province.
While none of ERG Africa’s production originates from ASM and will not do so in the future, the Group is...
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