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

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To: PHILLIP FLOTOW who wrote (6645)	6/14/2001 8:48:57 AM
From: Gord Bolton	Read Replies (1) of 7235

NEW DIAMOND NAMES ALAN SMITH AS CEO SOUTH Africa's New Diamond Corp (NDC) on Tuesday appointed Alan Smith as the company's chief executive officer with effect from July 1. Smith, a former executive at AngloGold Ltd, has been given the task of taking NDC public and making it the country's largest listed diamond miner by 2004, the company said in a statement. Diamond giant De Beers de-listed from the Johannesburg bourse earlier this month. NDC is a black-owned and controlled diamond company with joint venture mining operations at Marsfontein, Klipspringer and Schmidtsdrift in South Africa. Smith was general manager for De Beers at the Finsch mine in 1996, and was instrumental in amalgamating the Kimberley, Finsch and Koffiefontein operations. - Reuters mg.co.za

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