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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: gemsearcher who wrote (4465)9/7/1999 10:19:00 AM
From: PHILLIP FLOTOW  Read Replies (1) of 7235
 
Lifted from a Dow Jones report on DeBeer's earnings:

The bright picture will be clouded by declines in income from its diamonds
and industrial holdings businesses, said analysts.
Diamond profits should only be marginally lower given a 3.0% decline to $326
million in net profit at the two companies that make up the De Beers diamond
marketing and producing group. Anglo owns about 34% of De Beers.
-By Michael Wang, +27-11-726-7903; michael.wang@dowjones.com

PHIL
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