Sociedade Mineira de Catoca (Catoca Ltd.)

Sociedade Mineira de Catoca (Catoca Ltd.) is one of the most high-performance industrial companies in the Republic of Angola.

Production type:
Diamond mining
Management:
Sergey Amelin, CEO

Contact details

Sociedade Mineira de Catoca (Catoca Ltd.)

Angola, Luanda Sector Talatona – Luanda Sul

www.catoca.com

T: +2 (44 222) 67-67-00
+2 (44 222) 67-67-01
+2 (44 222) 67-60-00
+2 (44 222) 67-60-01

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.

The shareholders of Catoca Ltd. Mining Co. are:

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.

 

This page was last updated on 28 August 2013 at 13.43