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


To: VAUGHN who wrote (2243)12/3/1998 2:46:00 PM
From: PHILLIP FLOTOW  Respond to of 7235
 
This looks like good news:
Security Council to extend forces in Angola for 3
months

December 3, 1998
Web posted at: 2:25 AM EST (0725 GMT)

UNITED NATIONS, Dec 3 (Reuters) - The U.N. Security Council intends on Thursday to extend
peacekeeping operations in Angola for another three months in an effort to prevent a return to
war in the southwest African nation.

The U.N. force has been trying to help implement a 1994 accord, called the Lusaka Protocol, that
ended two decades of civil war between the government and rebels of UNITA, the National Union
for the Total Independence of Angola.

But the peace process has fallen apart with renewed fighting in some regions, preparations for a
major military showdown, large numbers of people displaced from their homes and about 15
peacekeepers held as virtual hostages.

In its resolution, the council decided to extend the mandate of the 1,000-member U.N. Observer
Mission in Angola, known as MONUA, until Feb. 26 and consider withdrawing it entirely if security
becomes untenable.

It asked Secretary-General Kofi Annan to report on the future of the peacekeepers, which once
numbered 7,000 troops, by Jan. 15.

The council also called on both sides to cooperate with U.N. officials and allow them to contact
those "key to the implementation of the Lusaka Protocol."

The dialogue between the government and UNITA leader Jonas Savimbi and his movement has
ceased; joint bodies established as part of the peace process are not functioning and U.N. officials
are prevented from meeting Savimbi.

The government has also refused to allow flights to resupply peacekeepers in the UNITA areas of
Andulo and Bailundo. When the United Nations tried to evacuate them, UNITA in turn refused
flight clearance.

The resolution called on UNITA to allow the peacekeepers to leave immediately and "expresses its
intention to hold the leadership of UNITA in Bailundo responsible for their continued safety and
security."

As in previous resolutions, the 15-member council blamed most of the trouble on UNITA for
refusing to disarm its fighters and put its territories under government administration as part of the
peace plan.

The council also told U.N. members to abide by the largely ineffective sanctions imposed on
UNITA over the years, including an arms and oil ban. The embargoes since July also prohibit
anyone from accepting or purchasing diamonds that do not have a certificate of origin from the
government.

But diplomats said the Luanda government had not drawn up any system for certifying the
diamonds.

The resolution also demands the government and UNITA guarantee international aid workers
access to people in need and to stop laying mines that have mutilated civilians.

More than 300,000 people have been displaced since early this year, on top of about one million
uprooted by previous fighting, out of a population of just over 12 million, Annan reported last
month.
PHIL



To: VAUGHN who wrote (2243)12/3/1998 3:22:00 PM
From: Valuepro  Read Replies (1) | Respond to of 7235
 
I've been off line with some computer problems. Just getting back after loosing all my bookmarks. Sorry to be late, but I promised to
post something concerning SUFs appearance at the San Francisco mining conference.

CJ was not there. He remained in SA while Nick Sayce did the presentation. I could not attend that, but spoke with him the next day. He did not have any information which has not already been shared here.

Next time, I'll ask forum members to send questions. I can then attempt to get answers and post the responses.

Regards to all,

VP



To: VAUGHN who wrote (2243)12/3/1998 5:43:00 PM
From: Goalie  Respond to of 7235
 
Hello Vaughn:

Perseverance is a virtue only a few good men have!

I was not expecting SUF to be included, frankly, when you look at the main criteria used for the selection from the TSE 300 -- size, liquidity and sector leadership. I was surprised by some inclusions -- Poco Petroleum and Anderson exploration -- and the inclusion of Shaw instead of Rogers Cable, while Telus made the ranks but BC Tel didn't.

That's my take on it. And the sun will rise in the east tomorrow and set in the west...
Regards.Goalie.