OREANDA-NEWS. May 06, 2010. The 44th general meeting of the founding shareholders of Sociedade Mineira de Catoca Lda. (Catoca Ltd.) took place in the Angolan capital Luanda. ALROSA was represented at the meeting by Vice President Sergey Pushkin, reported the press-centre of ALROSA.

The founding shareholders reviewed and approved the audited report of Catoca Ltd. for 2009. The results were assessed as positive. Catoca Ltd. ended 2009 with a net profit of over USD 70 m.

The dividend distribution based on the company’s performance results in 2009 was also aproved.
The meeting endorsed adjustments to the company’s budget for 2010.

On the proposal of ALROSA, Vadim Dzhura was elected to serve as Production Director of Catoca Ltd.

Natalia Kiryushina, Director General of CJSC ALROSA-Africa, was appointed to represent ALROSA on the Fiscal Board of Catoca Ltd.