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Gold/Mining/Energy : Canmine resources -- Ignore unavailable to you. Want to Upgrade?

To: Marshhawk who wrote (1850)	9/9/1999 7:40:00 AM
From: Marshhawk	Read Replies (1) \| Respond to of 2769

Morning news: Spectron, a coal and oil trader out of London, is to begin a cobalt trading website within 60 days, to include forward trading. Zambian govt reported to be desperately trying to keep ZCCM open, trying to negotiate with Anglo to manage under contract. Govt currently spending 2 mil US per month to keep mines open. Short term debt of ZCCM in 3/99 reported to be US 124 mil (uncertain as to how much of debt is to govt agencies like the electricity board). Mail & Guardian reports that increasing % of women in Zimbabwe are turning to prostitution for survival. Not a good thing in the middle of an AIDS epidemic. The brain trust down at the World Bank in Washington have decreed that high stocks will keep down any commodity rebound. For those of you unwashed who are not appreciative of the World Bank, they can usually be found financing some megaproject in Africa that 1) isn't needed 2)doesn't work and 3) is associated with massive graft. So all of you factory owners who have no inventory, don't worry. The world bank says there is plenty of supply. Maybe the World Bank can distribute condoms in Zimbabwe, that should be effective, right?