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Gold/Mining/Energy : Tenke Mining Corp (TNK) -- Ignore unavailable to you. Want to Upgrade?

To: Gunnar who wrote (157)	3/23/1998 7:26:00 AM
From: Gunnar	Respond to of 486

News keeps rolling in: " Congo Arthur Malu-Malu reported for Reuters on March 21 that companies represented by the Washington-based Corporate Council on Africa (CCA) on tour of the Democratic Republic of Congo (DRC) intend to invest up to $110 million in the country. David Miller, the CCA's executive director, said "Up to $110 million will be injected in this country in the first instance. The positive impression that we've had will reverberate across the United States. Things went well and we should send a strong message across North America that Congo is open to business." Details on the investments were not provided. The CCA group also emphasized the importance of the establishment of the rule of law, predictability and transparency in government, and the need to get on with an aggressive privatization program. There is some friction between the American government and the Government of the DRC, but Miller was quoted as saying "The fact that this (CCA trade) mission comes here is saying that we want to give this country and this government a fair share, we want to wipe all the mistakes of the past 30 years. We've decided to cross the line because the potential of this country is so huge." " Regards Marten