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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: crudestope who wrote (5317)1/7/2000 7:59:00 PM
From: crudestope   of 7235
 
Angola.

Dear SI Readers (just to be different!),

I was told that De Beers is persona non grata in Angola. Apparently it will be allowed to mine diamonds only from any new discoveries the company makes.

The Government accuses the Company of having bought stones for many years from Unita, the rebel movement, thereby prolonging the civil war.

The present De Beers clean hands policy of not buying stones from rebel movements is regarded as a hypocritical attempt to regain favour with the legitimate African governments.

Have a pleasant week-end,

Crudestope.
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