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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: don jackson who wrote (26192)	7/13/2000 11:15:32 AM
From: Lorne	Read Replies (2) \| Respond to of 26850

Thursday July 13, 8:57 am Eastern Time De Beers defends bid for Winspear LONDON, July 13 (Reuters) - Nicky Oppenheimer, chairman of diamond giant De Beers Consolidated Mines Ltd, said on Thursday his company's bid for Canadian miner Winspear Diamonds Ltd was ``fair and reasonable''. De Beers bid C$259 million, or C$4.24 per share, for Winspear in a hostile move on June 26. Oppenheimer said De Beers would consider other moves should the opportunity arise. ``At the moment we are not thinking seriously about taking over anyone else. But De Beers is in the diamond business so if other opportunities should arise we would certainly look at them,'' he told a news conference