It is the first mining company in Angolan history that started the large-scale mining of the Catoca kimberlite pipe (the Luanda Sul Province), one of the largest diamond primary deposits – the fourth largest in the world.
Luanda, the capital of Angola, has been looking like a huge construction site in recent years. Construction of new housing and social facilities has been going on at a rapid pace there.
In the plant’s canteen.
Catoca Ltd is a sponsor of several rural schools in the province of Lunda Sul.
Sports and games, including handball, are a favorite pastime of hundreds of young employees.
This comfortable village is home for thousands of the Catoca employees, including the Russian experts.
Learning the basics of primary sorting of rough diamonds.
One of the rough diamonds mined at Catoca.
Drivers of supersize mine trucks heading for their shift.
Russian miners teach their experience to Angolan specialists, including the maintenance of control equipment and instruments at the plant.
Catoca open-pit mine. Bird’s eye view.
Module 2 of the Catoca Processing Plant was placed into operation in 2005, substantially modernizing the mineral processing technologies.
Loading of the overburden in the Catoca open-pit mine.
The shareholders of Catoca Ltd. Mining Co. are:
- The state-owned diamond mining enterprise of the Republic of Angola ENDIAMA E.P. – 41%;
- Public Joint Stock Company ALROSA (Russia) – 41%;
- LL International Holding B.V. (belongs to China-SONAGOL International Holding Ltd.) – 18.0%;
ALROSA’s Yakutniproalmaz Institute designed this largest enterprise using the state-of-the-art Russian technologies. Today the institute supports Catoca Ltd. and ensures its technical development. ALROSA’s representatives supervise technical management of mining operations. Some 130 engineers and technicians from the Company work at the enterprise.
The first production facilities were put into operation in 1997. Today Catoca Ltd. has two processing plants, the overall performance of which exceeds 10 million tons of ore per year. Every year Catoca mines and sells rough diamonds worth some 6.8 million carats.
Catoca’s sales volume is more than 80% of the total rough diamonds sold by all Angolan diamond mining companies (in terms of carats) and more than 60% of the total revenue on the Angolan diamond market (in terms of value).
The development program of the Catoca kimberlite pipe supposes its open-pit mining down to 600 m in 2012–2034.
It is difficult to overestimate the economic, industrial and social significance of Catoca Ltd. Mining Co. for the Republic of Angola in a whole and for the Luanda Sul Province in particular. The state-of-the-art technologies and know–how are imported to the country.
ENDIAMA, an Angolan state-owned diamond mining company, receives substantial dividends in accord with its share in the authorized capital.
Numerous work places are created for Angolans, which allows reducing the unemployment level in the region. Catoca runs a Professional Development Training Center for Angolans.
The social programs implemented by Catoca are vital for the local community. The programs include construction of houses, schools, kindergartens, hospitals, medical stations, roads, and water supply systems in the neighboring settlements. In addition, there are health programs (eradication of malaria, AIDS and other diseases), struggle against hunger (food programs), education programs (for children and adults), sports, culture, and agriculture development programs in the region.