Angola’s Largest Miner to Increase Investment in Production Processes

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Catoca Mining Company (SMC) which is the largest diamond company in Angola, this year intends to focus on intelligent and rigorous management, to ensure high operational efficiency, via major investments in production.

In the message addressed to the workers, sent to ANGOP on Sunday, the director-general of Catoca Mining Society, Sergei Amelin, said that to achieve these goals a special attention will be paid to the optimization and continuous improvement in the various operational processes and permanent training of staffs.

According to him, the increase in prices of equipment, materials and services that Catoca needed, the increase in fuel prices and the tax burden were among other challenges faced by the company in 2016.

In addition, it continued, internally, the complexity of the problems resulting from the deepening of the mine increased, given the current imperative of reducing costs to the levels requested by the stakeholders.

Catoca Mining Company Limited is an Angolan company for the prospecting, exploration, recovery and commercialization of diamonds, made up of Endiama (Angola), Alrosa (Russia) LLV (China) and Odebrecht (Brazil).‎

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