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

To: Jimsy who wrote (1520)	6/11/1998 12:11:00 AM
From: GULL	Read Replies (1) \| Respond to of 7235

The ' heirs ' /NGS would not be losers, as they have been guaranteed payment either way.DB do intend to mine asap but have to do their own technical DD first. I have quoted from the BD article on an aspect which is quite interesting: ' The question is whether it is in SA public's interest to maximise the quantity of diamonds lifted from its soil. Just because a rich kimberlite exists does not mean that it has to be dug up immediately for the gratification of some overseas punter. Maduna, to his credit, appears to have grasped the point. In a part of his recent speech to Parliament not quoted by SouthernEra, he said "measures" would be introduced not only to "discourage unproductive holding of prospecting and mining rights" but also to ensure retention where exploitation "may not be economic or may disrupt markets". '