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RAPAPORT... Sergey Amelin, the former deputy CEO of Severalmaz, was appointed the CEO of Catoca Ltd. Mining Co. in Angola. Amelin has been a deputy CEO of Severalmaz since March 2014. Previously, he was the deputy CEO for ALROSA-AFRICA and the deputy head of ore processing department at ALROSA.
Catoca conducts diamond mining operations in the Lunda Sul Province in Angola; its shareholders include ALROSA and state-owned Endiama, each with a 32.8 percent share, LL International Holding B.V., which is owned by China-SONAGOL and holds an 18 percent stake, and Odebrecht Mining Services with a 16.4 percent share.
The former CEO of Catoca, Jose M.A. Ganga Junior, who oversaw the firm since exploration began in 1995, resigned recently due to a change of occupation.
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