Headquarters
    Luxembourg
    Stock Exchange Listings
    Not listed
    Workforce
    Employees: 69,253 (31/12/2018)
    Contract workers: Not reported (31/12/2018)
    Total: Not reported (31/12/2018)
    Geographic Footprint
    Producing countries: 2
    Known tax jurisdictions: 6
    Revenues (in BUSD)
    Total Revenue: 5.353 (31/12/2018)
    Net Income: not reported (31/12/2018)
    State Ownership
    Kazakhstan: 40
    2017 Fatalities
    Total worker fatalities: 6
    • Employees: 3
    • Contract workers: 3
    Others: Not reported
    2018 Fatalities
    Total worker fatalities: 5
    • Employees: 1
    • Contract workers: 4
    Others: Not reported
    Home countries, where the company is headquartered
    Producing countries, where the company has mining operations
    Mine sites selected for mine-site-level assessment

    Summary of Results


    Absolute results remain low overall and ERG’s results are mostly limited to its formal commitments, for example on preventing bribery and corruption, and ensuring safe and healthy working conditions. Other areas which contributed to ERG’s overall results include for example its relatively strong disclosure of serious injuries and safety incidents and its disclosure of its ultimate beneficial owners.

    In the mine-site assessment, ERG is among the six companies with the weakest results, showing an average mine-site-level score of 0%.

    ERG’s results in the company-wide assessment are below the average across all 38 companies in all six thematic areas, and the company’s general results are limited by a lack of evidence of action on a number of key issues. For example, while ERG has made a formal commitment to respect human rights, it shows no evidence of tracking its performance on managing human rights issues. ERG also shows no evidence of efforts to ensure gender balance on its Board and in its senior management, or ensure its operations plan for post-closure transition for workers and communities. In addition, there is no evidence of ERG publicly disclosing information on the location and safety of its tailings storage facilities.

    Moreover, the overall results of the five ERG mine sites assessed in the mine-site assessment are strikingly weak. With the exception of limited evidence from one mine site on its worker grievance mechanism, none of these five mine sites show any relevant evidence on any of the ten issues covered in the mine-site assessment.

    Overall results

    Economic Development

    1.21 / 6.002020
    1.10 / 6.002018

    Business Conduct

    1.36 / 6.002020
    1.19 / 6.002018

    Lifecycle Management

    0.00 / 6.002020
    0.00 / 6.002018

    Community Wellbeing

    0.56 / 6.002020
    0.49 / 6.002018

    Working Conditions

    1.44 / 6.002020
    1.50 / 6.002018

    Environmental Responsibility

    0.75 / 6.002020
    0.47 / 6.002018

    Average Mine-Site Score

    0.3%2020
    2020
    1.21
    score / 6
    2018
    1.10
    score / 6

    Economic Development

    2020
    1.36
    score / 6
    2018
    1.19
    score / 6

    Business Conduct

    2020
    0.00
    score / 6
    2018
    0.00
    score / 6

    Lifecycle Management

    2020
    0.56
    score / 6
    2018
    0.49
    score / 6

    Community Wellbeing

    2020
    1.44
    score / 6
    2018
    1.50
    score / 6

    Working Conditions

    2020
    0.75
    score / 6
    2018
    0.47
    score / 6

    Environmental Responsibility

    2020
    0.3
    %

    Average Mine-Site Score

    Results per measurement area

    Commitment

    (9 indicators)

    Action

    (42 indicators)

    Effectiveness

    (20 indicators)

    Results per indicator

    Economic Development

    Mine-site Results

    Mine sites selected for individual assessment (but not included in the overall company score)
    DonskoyFrontierKrasno-OktyabrskoyeSokolovskyVostochny
    Local Employment
    (score /3)
    0.00.00.00.00.0
    Local Procurement
    (score /3)
    0.00.00.00.00.0
    Post-Closure Plans
    (score /3)
    0.00.00.00.00.0
    Community Grievances
    (score /3)
    0.00.00.00.00.0
    Worker Grievances
    (score /3)
    0.00.50.00.00.0
    Air Quality
    (score /3)
    0.00.00.00.00.0
    Water Quality
    (score /3)
    0.00.00.00.00.0
    Water Quantity
    (score /3)
    0.00.00.00.00.0
    Tailings Management
    (score /3)
    0.00.00.00.00.0
    Emergency Preparedness
    (score /3)
    0.00.00.00.00.0
    Mine-site Score
    (%)
    0.01.70.00.00.0

    Operational mine sites

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
    CentralnyShubarkol Komir JSCKazakhstan100CoalOpen-pit
    DonskoyTNC Kazchrome JSC, 10th Anniversary of Independence, Molodezhnaya, Yuzhny, VoskhodKazakhstan100Manganese Ore, ChromiteOpen-pit, Underground
    FrontierLufuaDRC95Copper, CobaltOpen-pit
    KacharskySSGPO JSCKazakhstan100Iron OreOpen-pit
    KazmarganetsTur, Vostochny Kamys, Kaz, TNC Kazchrome JSCKazakhstan100Manganese OreOpen-pit
    KorzhinkolskiySSGPO JSCKazakhstan100Iron OreOpen-pit
    Krasno-OktyabrskoyeAluminium of Kazakhstan JSCKazakhstan100BauxiteOpen-pit
    MetalkolRTR (Roan Tailings Reclamation)DRC100Copper, CobaltTailings Leach
    SarbaiskySSGPO JSCKazakhstan100Iron OreOpen-pit
    SokolovskySSGPO JSCKazakhstan100Iron OreOpen-pit, Underground
    TorgayskoyeAluminium of Kazakhstan JSCKazakhstan100BauxiteOpen-pit
    VostochnyEEC JSCKazakhstan100CoalOpen-pit
    ZapadnyShubarkol Komir JSCKazakhstan100CoalOpen-pit

    Closed mine sites (known)
    (controlled assets under care & maintenance, closure or post-closure management)

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
    BossLubumbashi, Kakanda, Luita, Mukundo Mountain, KabolelaDRC70Copper, CobaltOpen-pit2019
    ComideAfrico, Camrose, Roan Tailings Reclamation (RTR), DezitaDRC65.35Copper, CobaltOpen-pit0
    Lonshi-DRC70CopperOpen-pit2008
    PoiskovyTNC Kazchrome JSCKazakhstan99.6ChromiteOpen-pit2008

    Shareholders (known)

    As of: 31/12/2018Shares (%)
    State of Kazakhstan40.00%
    Patokh Chodiev20.00%
    Alijen Ibragimov20.00%
    Alexander Machkevitch20.00%

    Beneficial Owners (known)

    As of: 31/12/2018Shares (%)
    State of Kazakhstan40
    Dr Alexander Machkevitch20
    Alijan Ibragimov20
    Patokh Chodiev20

    Subsidiaries (known)

    As of: unknownCountry
    3-Energoortalyk JSCKazakhstan
    Aluminium of Kazakhstan JSCKazakhstan
    Bahia MineraçãoBrazil
    Boss MiningDRC
    Business and Technology Services LLPKazakhstan
    Chambishi Metals PLCZambia
    ComideDRC
    ENRC LtdUK
    ERG Capital ProjectsKazakhstan
    ERG Commercial Centre LLPKazakhstan
    ERG Recycling LLPKazakhstan
    ERG Research and Engineering Center LLPKazakhstan
    ERG Service JSCKazakhstan
    Eurasian Energy Corporation JSCKazakhstan
    Eurasian Group LLPKazakhstan

    Tax Jurisdictions (known)

    Brazil

    DRC

    Kazakhstan

    Luxembourg

    UK

    Zambia

    Investor / State Disputes
    (since 2014)

    No case