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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: gemsearcher who wrote (6999)	11/8/2002 2:40:52 AM
From: VAUGHN	Respond to of 7235

Hello GS Something to compare future announcements to: Canadian Institute of Mining, Metallurgy and Petroleum - Guidelines for the Reporting of Diamond Exploration Results MONTREAL, Nov. 7 /CNW/ - Draft Guidelines have been recommended and made public for comment (see address below) by the Diamond Exploration Reporting Best Practices Committee established by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). These guidelines are applicable to public companies and their consultants reporting diamond exploration results. In respect of these guidelines, Diamond Exploration Results are results derived from the initial activities undertaken to investigate a diamond bearing prospect or deposit, to generate tonnage, grade and value estimates that cannot be classified as a Mineral Resource or Mineral Reserve. They do not address the earlier stage reporting of geophysical, geochemical or kimberlite indicator mineral results. Public reports of Diamond Exploration Results relating to mineralization not classified as Mineral Resource or Mineral Reserve must address the confidence limits of the results and contain sufficient information to allow a considered and balanced judgement of the significance of the results. The objective of these guidelines is to assist public companies and consultants in making appropriate disclosure of diamond exploration results by reporting in a manner which is: - Uniform within the diamond exploration industry; - Consistent with reporting from other industry sectors. - Comprehensive. - Unambiguous. The guidelines are not prescriptive. Materiality is the overriding principle that determines the information that should be disclosed. However, where a company or consultant deviates from the guidelines, the disclosure or technical report should state the extent to which the guidelines have not been followed, and the reasons for the deviation. The guidelines do not in any way replace jurisdictional reporting requirements ("For example, the requirement for Canadian reporting issuers to comply with Canadian Securities Administrators National Instrument 43-101 by having technical disclosure endorsed by a Qualified Person as defined in that legislation"). To see full details with tables providing specific guidance details, please refer to CIM Website at cim.org Comments should be addressed, by November 30, 2002, to: R.A. Gannicott, President and C.E.O., Aber Diamond Corporation - Tel.: (416) 362-2237, e-mail rgannicott@aber.ca . -30- For further information: 1000 R.A. Gannicott, President and C.E.O., Aber Diamond Corporation - Tel.: (416) 362-2237, e-mail rgannicott@aber.ca Regards Vaughn

To: gemsearcher who wrote (6999)	11/14/2002 6:39:34 AM
From: Gord Bolton	Read Replies (3) \| Respond to of 7235

SA upgraded from 'stable' to 'positive' Johannesburg 12 November 2002 17:02 Standard and Poor's revised South Africa's outlook rating from stable to positive on Tuesday, the Treasury said in a statement. This rating hike, the third in a year, was evidence that South Africa's "persistent, sound macroeconomic management and policies" and readily-manageable and declining debt burden were having a good effect. Standard and Poor's also affirmed South Africa's BBB- long term foreign currency debt rating and its A- long term local currency debt rating. Standard and Poor's expect sound fiscal and monetary policies coupled with growth enhancing fiscal reforms to bolster the ratings on South Africa over the coming years, the Treasury statement noted. In November last year Moody's upgraded South Africa's long term foreign currency debt from Baa3 to Baa2 and hiked government's domestic debt by two notches from Baa1 to A2. In August, Fitch Ratings revised the outlook on South Africa's foreign currency debt from stable to positive. These ratings would probably result in a further decline in debt service costs, which would allow the Treasury to make even more resources available for social and infrastructure spending. The ratings hikes also confirm the gradually growing impression that South Africa was a safe haven in a world ravaged by slow economic growth and rampant rating downgrades. "We continue to believe that with a strong macroeconomic policy foundation, growth enhancing structural reforms and (the) resultant resilience of the South African economy, it is possible to grow this economy to levels that will make it possible to meaningfully reduce poverty and unemployment," the Treasury statement concluded. - Sapa mg.co.za