July 21, 2008

Vaaldiam announces management appointments


by Sarah Wilsdon

Vaaldiam Resources Ltd., South America’s largest diamond producer through the 100% ownership of two producing mines in Brazil, announces the following management appointments.

The company has appointed Mr. Jonathan Hsuan, as the Vice President, Operations. Mr. Jonathan Hsuan, a graduate of the Royal School of Mines in London, England, has a vast experience of 24 years in diamond mining.

Jon started his career in the diamond industry as a mine geologist at the Aredor Mine in Guinea. He later moved to Angola to work with RST International Ltd., first as the Chief Geologist and later as the General Manager of the Cuango and Cafunfo diamond mines, .

The company has appointed Mr. Donald Best, as the Vice President, Technical Services. Moved from the position of Vice President, Operations to his new role as Vice President, Technical Services, Mr. Best will be responsible for all new capital projects for Vaaldiam, including the construction of the new diamond recovery plant for the Brauna kimberlite feasibility project in Bahia state.

Don has over 27 years experience in mineral project engineering, construction and project management.

The company appointed Mr. Fernando Cezar de Aguiar, as the General Manager, Mining: Mr. Aguiar has been promoted to the position of General Manager, Mining from his previous position as Mine Manager at Vaaldiam’s Chapada Mine.

Ken Johnson, Chairman and Chief Executive Officer of Vaaldiam said, these management appointments further strengthen our management and technical team in Brazil. We are extremely pleased to welcome Jon Hsuan to our team. We will certainly benefit from Jon’s vast operational experience with respect to alluvial diamond mining, and I expect he will play a significant role in the future growth of our diamond production in Brazil.

The appointment of Don Best to the position of Vice President, Technical Services places a very experienced civil engineer in charge of the physical development of advanced staged projects like our Brauna kimberlite project, which is currently in the feasibility stage. The promotion of Fernando Aguiar to the position of General Manager, Mining is well deserved, and we expect that Fernando’s involvement in both our Chapada mine and our expanding Duas Barras mine will lead to improved performance at these operations.

Story link: Vaaldiam announces management appointments



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