Global diversified miner Eurasian Resources Group (ERG) CEO Benedikt Sobotka and first deputy CEO Aldiyar Kaztayev have offered to take a 30% cut in their salaries for 12 months, owing to the unprecedented challenges that the world is facing as a result of Covid-19.
The company is confident that the crisis will be resolved in the near future and that metals and mining companies will have a role to play in producing products that play a crucial role in the recovery of the global economy.
ERG has sufficient reserves and resources to exploit growth prospects once the metals and mining business returns to normal.
ERG operates in 15 countries globally, mining ferrous and base metals.