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Gold/Mining/Energy : Gold Price Monitor

GDXJ 107.29

-0.9%

Dec 2 4:00 PM EST

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To: Alex who wrote (44957)	11/14/1999 6:27:00 AM
From: John Hunt	Read Replies (1) of 116791

OT? - Africa's Diamond War << Summary The world?s largest diamond trading company, De Beers, could suspend its purchase of diamonds from central and western Africa. Though it may appease human rights activists who want to cut off funds for Africa?s wars, this move is really aimed at the government of South Africa, which has pressed for more taxes. By threatening to end its purchases in the region, the company could threaten the funding for an important proxy war in neighboring Angola and a temporary rise in prices. The tactic just might get Pretoria to back off its tax demands. >> ... Full article at ... stratfor.com

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