SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (2294)12/18/1998 2:12:00 PM
From: VAUGHN  Read Replies (2) | Respond to of 7235
 
Hello Andrew

Thanks for the info. If patterns repeat, it looks as if we will see a nice spike in January based on your chart.

Thanks Peter

Off the wire today:

Kettle River Resources Ltd. announces Six Month Report to the Shareholders

VANCOUVER, Dec. 18 /CNW/ -

EXPLORATION ACTIVITIES:
DHK DIAMONDS - NORTHWEST TERRITORIES
------------------------------------
Kettle River currently owns 11.67% carried interest in this project
managed and operated by Kennecott Canada Exploration Inc. The three claim
blocks containing 208,000 acres, have proven diamond bearing kimberlite pipes
and are located in the Lac de Gras diamond production area of the Canadian
Northwest Territories. DHK BLOCK: Upcoming exploration will take place south
of Lac de Gras in the vicinity of three kimberlite pipes originally discovered
during the 1993 drilling. Micro-macro diamond count from core drilling of
DD17 and DD42 was encouraging while, DD39 contained a modest diamond count.
<<
-------------------------------------------------
PIPE HOLES KG weight Macro Micro

-------------------------------------------------
DD17 No.1 to 3 182.1 14 37
DD42 No.3 146.4 9 31
-------------------------------------------------
>>
The airborne geophysical survey completed last spring located five new
targets on the DHK claim block. Kennecott expects that three of these
geophysical anomalies will be tested early in 1999. One is an offset Mag
anomaly about 200 meters from the DD42 pipe. Two EM anomalies occur west of
the DD17 pipe. Definition ground Mag and EM surveys will confirm these
anomalies prior to diamond drilling.

WO CLAIM BLOCK: It is anticipated that a sonic overburden drill, proven
successful to trace indicator mineral dispersion trains to their kimberlite
source, will be utilized on both the DHK and WO blocks. The innovative use of
a light combination diamond/sonic drill will enable this winter's program to
quickly evaluate targets and allow additional drilling during spring if
required.
DHK Resources Ltd. (1/3 each Dentonia Resources Ltd., Horseshoe Gold
Mining Inc., and Kettle River Resources Ltd.) and their partners (Kennecott
Canada Exploration Inc., Aber Diamond Mines Ltd., and SouthernEra Resources
Ltd.) have entered into a 'farm out' agreement with Archon Minerals Limited
covering 35 of the 54 claims on the WO block. Certain claims containing
kimberlite pipes, areas of indicator mineral trains and known potential have
been excluded. Kennecott will continue as operator on excluded areas. Archon
will earn a 25% carried and working interest in each kimberlite pipe they
identify. The DHK interest in these pipes will be reduced from 35% to 26.25%
leaving Kettle River with slightly less than 9% carried interest. The
agreement is for one year and under the terms of a common area agreement,
Archon may be required to assign 5% of any interest it earns to Dia Met
Minerals Ltd.
Archon is a newly listed company formed by Dr. Stuart Blusson, co-
discoverer of the Lac de Gras Ekati/Diamet/BHP diamond mines and operator of
the Buffer Zone project.

(CUT OUT THE REST)

Also from Angola:

Army Commander Says UNITA Using Rwandans,
Mercenaries in Kuito Fighting
Radio Nacional de Angola on December16, 1998
Bie Province remains the area of greatest military tension. Siminone Mukuni, commander of Bie Province's Angolan Armed Forces' operational command, told our correspondent today that the Angolan army had inflicted heavy losses on men in the service of [UNITA leader] Jonas Savimbi, who had tried to advance towards the city of Kuito. The casualties sustained by Jonas Savimbi's men include Banyamulenges [ethnic Tutsis of Rwandan origin], Rwandans and mercenaries of other nationalities. Mukuni said in their disorderly retreat, UNITA's military forces abandoned several tanks and other war materiel. Mukuni gave assurances that the FAA are in control of the situation.
[Mukuni - recording] Our forces are in control after practically 12 hours of [words indistinct] the enemy beat a hasty retreat.
[Correspondent] Do you have an idea of enemy losses?
[A] At this stage we cannot disclose details about the enemy's strength, total losses, weapons and other equipment.
[Q] It has been reported that Banyamulenges were killed during the clashes. Do you confirm that?
[A] You have seen their uniforms and their complexion. Most of those found in the vehicles are Rwandans, Banyamulenges as well as white mercenaries.
[Q] The equipment is sophisticated?
[A] These are weapons that UNITA has never had or used before. As you can see, this is a BMP-2, an armored vehicle [words indistinct].
[Q] What about Bie's residents.
[A] I think Bie residents are calm. They should remain calm and indoors. They should count on us because we count on them [words indistinct] we are here to defend Kuito and its residents. [End of recording]. The FAA have pledged to defend the Kuito at all costs.

UNITA Reportedly Kills Seven in Road Ambushes
Noticias de Angola on December 15, 1998
Benguela: Six people were killed and 13 others seriously wounded when Jonas Savimbi's soldiers attacked an automobile on the Bocoio-Lobito road, Benguela Province, at the weekend. This is according to Bocoio District Police Commander Domingos Isaac .
Also at the weekend, Savimbi's soldiers ambushed a Land Rover and a Nissan Patrol on the Uige-Songo road, killing one person and wounding 10 others. After plundering the occupants' belongings, UNITA's [National Union for the Total Independence of Angola ] military wing soldiers set the vehicles alight and kidnapped several youngsters.
People who have escaped from areas controlled by warmongering UNITA say Savimbi's soldiers have stepped up the kidnapping of people, mainly male and female youngsters in various parts of Uige Province. The sources said that in addition to taking the youngsters to UNITA bases, the soldiers also plunder the residents' property. In view of this situation, people are abandoning their settlements, seeking shelter in the bush and in cities.

Thousands of People Displaced by the Military Situation
Radio Nacional de Angola on December 14, 1998
The unstable military situation in central and southern Angola has once again led to the disruption of thousands of families. Hundreds of children have been arriving in Luanda from Kuito and Huambo over the past few days. The Assistance and Social Reintegration Ministry is busy tracing and reuniting families so as not to leave the children abandoned to their own devices in Luanda.
Cuando Province, which had 29,000 displaced persons, now has 60,708. The displaced persons came from several parts of Cuando Cubango Province and Chitembo and Mungoe [phonetic] Districts of Bie Province. Sebastiao Ndala, the local representative of the Assistance and Social Reintegration Ministry, says the ministry cannot cope with the influx of displaced persons that is growing by the day. He said the World Food Program is the only agency that has been providing relief aid, and regretted that virtually no medical assistance is being given to the displaced persons.
Likewise, in Huambo Province, the Assistance and Social Reintegration Ministry does not know what to do with the 46,000 displaced persons that had been registered by last week. The number of war displaced persons in the city of Huambo has since risen to 98,000.

Angola Chief of Staff Discusses 'Critical Situation'
Luanda TPA Television on December 12, 1998
The military situation in various of the country's locations, notably Huambo and Bie, is critical. General Joao Baptista de Matos, chief of staff of the Angolan Armed Forces, gave a news conference in Huambo this afternoon, during which he discussed the situation.
[De Matos] Once again, Jonas Savimbi's UNITA [National Union for the Total Independence of Angola] has gathered men and equipment. Contrary to what has been reported in the media, it is not FAA that have been launching an offensive, but the UNITA military forces. They launched Operation Black [Negro] on 1 December, the aim of which was to occupy the cities of Huambo and Bie, and then expand their military operations to other parts of the country. FAA have had to deal with a new situation because they were involved in other tasks relating to peace and the implementation of the Lusaka Protocol since the international community had given assurances that UNITA had been fully disarmed. We were calm and relaxed, and thought that war would never return to our country. In view of this new situation we had all of a sudden to deal with a heavily armed UNITA. UNITA has highly sophisticated equipment, namely tanks, combat vehicles, long-range artillery, and a major firepower. The rearming of UNITA happened precisely during the implementation of the Lusaka Protocol. This means that there is a great deal of connivance and responsibility on the part of the United Nations and the observers for the situation we are currently experiencing. Huambo and Bie Provinces are experiencing a critical phase. As it is expected from them, FAA will once again shoulder their responsibilities and fight UNITA. Of course, we will win.
[Unidentified correspondent] General, the government in Luanda suggested that FAA were implementing the Lusaka Protocol by force, including the occupation of Bailundo and Andulo. This led one to conclude that there was an FAA offensive in place.
[De Matos] I have heard a great deal about it. In fact, we were not involved in military operations. We have for a long time now announced that the reinstatement of government administration is not a matter for the FAA, but the police. So, we kept ourselves on the margin of these developments. As you know, the FAA are involved in other tasks either domestically or abroad to uphold the country's territorial integrity, to guard our borders, and not permit that foreign threat imperils our political and economic interests. We are not responsible for statements made by other officials.
[Correspondent] Regardless, what is the situation right now, namely in the outlying areas of Bailundo and Andulo?
[De Matos] The most worrisome situation right now is not in the outlying areas of Andulo or Bailundo, but in the outlying areas of Huambo and Bie where UNITA military forces are involved in an offensive against the two areas. So, a large-scale offensive is under way. Like I said, UNITA elements are backed by mercenaries of various nationalities - from Israel, South Africa, Ukraine, Morocco, and individuals recruited in various part of the world who are assisting the UNITA leadership in implementing Jonas Savimbi's Machiavellian plan. For the first time in the history of our war we are seeing a UNITA equipped with equipment that is far superior to the one it had even before the signing of the Bicesse Accord. Like I said earlier, all this was done while the United Nations remained here and adopted a passive attitude, though its mission was to disarm UNITA. If my memory serves my right, on 17 June we publicly reported this state of affairs. As you will recall, we told the diplomatic corps then that the UNITA plan was under way. As before, we were not welcome because the wish for peace surpassed our views. As a result, we are faced with the present situation. Obviously, the FAA have once again been urged to resolutely and effectively react to prevent Jonas Savimbi from fulfilling his goals. The fact remains that a great deal of responsibility for what is happening in Angola rests with the international community, namely UNOMA [UN Nations Observer Mission in Angola], Unavem [UN Angola Verification Mission], the observers, and all those that have been involved in this peace process.
[Correspondent] How do you describe the general situation in the central region?
[De Matos] Well, the situation is critical and difficult, but we are calm. We must keep cool. We will know how to adequately react. Like I said, the victory is ours.
[Correspondent] General, when you say that UNITA is far better equipped than when the Bicesse Accord was signed, do you mean that its military capacity presently exceeds FAA's?
[De Matos] Under no circumstances. The FAA's military potential is known and will use it to defend the interests of the Angolan people.
[Correspondent] Do you have any idea when this critical situation will be overcome?
[De Matos] No. This is a war that has started. It will develop. There will be a great deal of developments, some good, others bad. In the end there will be a winner -- us.
[Correspondent] Will it be necessary for friendly countries - namely from our region in view of accords with the Southern African Development Community members -- to intervene, so that the Angolan Government may put an end to that critical situation shortly?
[De Matos] No, I do not think that is necessary. What I feel is that all foreign countries that intended to successfully implement the Lusaka Protocol should unite to fight UNITA and Jonas politically and diplomatically, and annihilate this military organization that will always cause instability, not only in Angola, but in the region as well.

Aircraft Shot Down in Cunhinga Region
Radio Nacional de Angola on December 14, 1998
Text of statement issued by the chief of the General Staff of the Angolan Armed Forces, Gen. Joao de Matos; broadcast by Angolan government radio on 14th December.
The chief of staff informs that an Antonov-12, registration No UR11319, belonging to a private company in the service of the Bie Provincial Government, was shot down at about 0845 [0745 GMT] in the Cunhinga region on 14th December 1998 after disembarking relief aid for Cuito residents. In addition to the crew of five, the aircraft carried five passengers who are believed to have died.
[Issued] Chief of General Staff in Luanda on 14 December 1998

Minister Says UN Mission "Complicates" Situation
Televisao Publica de Angola on December 14, 1998
Territorial Administration Minister Faustino Muteka has blamed UNOMA [UN Observer Mission in Angola] for the country's military situation. Muteka, who was speaking at the end of a working visit to Huambo, said UNOMA turned a blind eye while Jonas Savimbi rearmed himself.
[Muteka - recording] UNOMA is no longer doing anything here. It only complicates things. I am saying that as an Angolan official. Twice, UNOMA failed to check things, and later on admitted that UNITA [National Union for the Total Independence of Angola] was still armed. I signed thousands of protest notes to UNOMA informing it that UNITA was not demobilizing soldiers; that weapons being handed over were obsolete; that UNITA was training forces in specific areas; and that UNITA was receiving weapons in various areas. We mentioned this in those notes. Yet, UNOMA never investigated the situation. We must ask UNOMA why has it never gone to those areas and check what government was reporting? Was UNOMA afraid of UNITA? Government is not.

Despite the aforementioned,
Have a Merry Christmas