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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD

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To: George J. Tromp who wrote (1272)	3/28/1999 10:10:00 AM
From: George J. Tromp	Read Replies (2) of 2522

Here is context of the e-mail o: George J. Tromp Hi My name is Ismail Sidiya and I'm from Mauritania. I've been following regularily the "SI: REX DIAMOND MINING TSE:RXD" forum for some time, and enjoyed reading your informative contributions. I have no interests in Rex mining, but I hope that commercial grade diamonds could be find in my country, so that people there could improve their lives. Any way that's not the reason I'm writing to you. I've seen the latest post on SI forum about the recent news conference held by a government minister. Here I've included a news article for your information. Best Regards Ismail O. M. Sidiya ----- Canadian firm to assess diamond lode NOUAKCHOTT, Mauritania, March 12 (UPI) - Mauritania has granted a Canadian company a license to explore for diamonds and says it expects production of the precious gem in commercial quantities. Information Minister al-Rasheed Saleh told reporters following a cabinet meeting Thursday night that the council of ministers licensed Canada's Dia Met Minerals Africa Limited to begin diamond exploration in three regions in the north and close to the Mauritania-Algeria border. The Canadian firm, with capital of $350 million, supervises metal excavation in Russia and Finland. Saleh said, ''The decision by this giant company to come to Mauritania confirms the conviction of world companies that there are firm signs of presence of precious metals in commercial quantities in Mauritania.'' Last week, the Nouakchott government allowed another Canadian firm to undertake similar exploration in a region on the border between Mauritania and the Western Desert. EOM

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