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About us

Our Approach

Our purpose is to deliver critical metals to the European Union, which seeks reliable and unhindered access to raw materials, like gold and copper, from within the EU. We will do this whilst also driving socio-economic value for our people, partners and the communities in which we operate.

To deliver our commitment to our stakeholders, we have clear Environmental, Social and Governance (ESG) commitments that are aligned with internationally recognized standards and goals, and continuously engage with local residents and all levels of government.

Our mission is to responsibly develop a first-class EU-based gold and copper operation that supports the European Union’s plan to cut its dependence on China for raw materials and maximise stakeholder returns.

We have secured our social licence to operate by operating true to our values


We believe that regular and meaningful engagement has been key to progressing RVP to this stage and we are committed to continuing this level of communication.


We respect and protect the environment in which we operate. Our low-impact mining approach minimizes our effect on the physical environment and, through our forestation program, we will increase the amount of forest by 300% (currently estimated at 80 hectares deforested and 240 Ha of new forests to be planted).


Our positive impact must be long term. We will maximise our socio-economic benefits to the local communities through payment of mining royalties and taxes, local procurement of services and goods, and the generation of 1,500 to 2,000 new jobs.

Our Business Model

Unlocking value through the responsible development of one of the largest gold-copper projects in the European Union

Euro Sun Mining will create long-term value for all of our stakeholders through the responsible development of the Rovina Valley Project. 

This asset is highly leveraged to gold and copper prices while maintaining low AISCs ($790/AuEq oz in years 1-10 and $813 LOM as per 2021 DFS) and has customers in the EU, which seeks to become less dependent on regions like Africa, Asia and South America for its critical metals. 

RVP will also produce a clean, high-grade copper concentrate, which is ideal for European smelters, and our customers will be countries in the European Union that seek to take control of their supply chain and source critical metals from local mining jurisdictions, like Romania, which are governed by the rule of law, a transparent financial system, and have a Mining Code that provides general principles of transparency and free competition. 

Euro Sun Mining will create a positive range of outcomes for stakeholders in line with our commitments to the United Nations Sustainable Development Goals.



Our Strategy

To produce critical metals from our asset located in the EU to meet the increasing demand from European markets, which are taking steps to become more self-sufficient and cut their reliance on countries such as China for strategic resources. There is currently a short supply of copper and gold produced within Europe, and ESM is well placed to help fill that gap.

Our near-to medium term strategy is to complete the development and construction of the Rovina Valley Project. To achieve this objectives and further de-risk the project, we will receive the PUZ (re-zoning plan), Environmental Impact Assessment (EIA) and construction license as well as secure project financing and finalisation of offtake agreements.

Our long-term strategy is to responsibly operate one of Europe’s largest gold-copper mines.


Strategic Environmental Assessment (SEA), Environmental Social Impact Assessment (ESIA)

Our Leadership

Grant Sboros

Chief Executive Officer and Director

Grant Sboros worked as the Chief Financial Officer of Katanga Mining Limited from 2017 to 2019 when he was appointed as Executive Director of Forbes Manhattan looking after Africa Mining assets. From 2013 to 2017 he was DCFO of Mopani Copper Mines PLC. From 2007 until 2013 Grant was Head of Auditing as a Deloitte partner in Mozambique. He is a Chartered Accountant and holds a Honors degree in Accounting Science from the University of South Africa. Mr. Sboros has extensive mining experience in Africa in both operations and finance.

Ryan Ptolemy

Chief Financial Officer

Ryan Ptolemy is a CPA, CGA and CFA charter holder with a B.A. from Western University. He serves as CFO to a number of public and private companies in the mining sector, particularly exploration and development stage companies in South America and Africa. Mr. Ptolemy formerly served as CFO for an independent investment dealer in Toronto where he was responsible for financial reporting, auditing, budgeting and internal controls.

Kenny Choi

Corporate Secretary

Kenny is a corporate lawyer who graduated from Western University’s JD/HBA program in 2013. He was previously an associate at a top-tier Bay Street firm, where he honed his skills in areas including equity and debt financing, mergers and acquisitions , fund formation and private and public securities law. Kenny currently acts as corporate secretary and legal counsel to various publicly-traded CSE, TSX-V and TSX companies to help them develop innovative solutions to achieve their corporate goals.

Global governance experience and proven track record

Management has a proven ability in developing and permitting and constructing mines in various jurisdictions. 

Management also has a proven track record in financing large scale mining projects with a combination of debt and equity required to achieve minimal dilution and risk mitigation for success and listed company experience.

Governance and Policies

Euro Sun Mining expects its employees, officers, and directors to conduct themselves according to the highest level of integrity and ethics. The company is committed to creating sustainable long-term value for its stakeholders, which is achieved by adhering to good corporate governance practices.

Euro Sun Mining has established a set of expectations and standards for the Company and its personnel with respect to ethical business practices, personal conduct, environmental, safety, and occupational health practices, competition and fair dealings, and disclosure of information.

These policies are available upon request at

Charters, codes and policies

View online
Charter of the Audit Committee
Charter of the Board of Directors
Charter of the Corporate Governance and Nominating Committee
Charter of the Human Resources and Compensation Committee
Code of Business Conduct and Ethics
Charter of Diversity Policy
Code of Ethics for Financial Reporting Officers
Majority Voting Policy

Constating Documents

View online

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