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To: C Hudson who wrote (45205)11/21/1999 10:48:00 PM
From: Rarebird  Read Replies (2) | Respond to of 116894
 
Big deal, the US released some of its oil reserves onto the market to try to prevent a further rise in prices. The US must think their dealing with the same whining sheepish mentality as the Sissy Gold Players. But that Act is extremely bullish down the road as soon as those reserves need to be restocked- assuming for the moment that they will be able to restock their reserves when they need to!



To: C Hudson who wrote (45205)11/22/1999 6:25:00 AM
From: long-gone  Respond to of 116894
 
November 19, 1999
Govt puts diamond industry on notice

By STEVEN SWINDELLS

Johannesburg (Reuters) - Minister of Minerals and Energy Phumzile Mlambo-Ngcuka put the diamond industry on notice on Thursday, promising a major review of its tax obligations and regulatory framework.

"The Ministry of Minerals and Energy will seek the support of the Ministry of Finance to avail the resources of the South African Revenue Services to optimise the collection of revenue from the diamond industry," Mlambo-Ngcuka said in a statement.

Sandile Nogxina, director-general of the minerals and energy ministry, said that the Department of Finance had already launched an investigation into the payment of export duties and levies by the country's diamond firms.
(cont)
woza.co.za