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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: dave rose who wrote (14037)5/19/2002 9:31:45 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 81502
 
"I would say your source is somewhat biased.
World Socialist Web Site"

You are most certainly right! I would point out, however, that in our little exchanges we are uncertain of who the perpetrator really is. Besides Ba Ba Blacksheep, we really don't know which party has enough wool to pull over so many eyes. So all sources must be at least considered.



To: dave rose who wrote (14037)6/27/2002 11:12:16 AM
From: sea_urchin  Respond to of 81502
 
Dave, I thought this would interest you.

I must say I was surprised to read it.
..........

Gold Fields gives new mining bill thumbs up
Sherilee Bridge
June 27 2002 at 12:08AM

Johannesburg - The new Minerals and Petroleum Resources Development Bill would not have an adverse effect on the gold mining industry, Gold Fields, the country's second-largest gold producer, said yesterday.

"Gold Fields is in support of the principles underlying the bill, particularly as it relates to South Africa in this stage of its transition," the company said in response to the passing of the new mining bill in parliament.

Gold Fields, which
did not make a submission to the portfolio committees hearings on the bill, said it had remained in "extremely close" contact with the department throughout the process.

Willie Jacobz, the director of investor relations at Gold Fields, said these discussions had convinced the company that industry concerns over property rights and security of tenure would be dealt with in "good faith and in the interests of all stakeholders".

"The spirit and importance of the bill reinforces this confidence," said Jacobz, who did not expect the bill to have any negative impact on the firm.

Platinum mining is expected to be the hardest hit by the new legislation and its "use it or lose it" mantra.

As the youngest mining sector, platinum companies have their future production tied up in mineral rights now eyed by the government.

But even the platinum industry the country's largest export earner, has accepted the government's olive branch.

busrep.co.za