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

To: Peter Bourgeois who wrote (2402)	2/3/1999 11:52:00 AM
From: PHILLIP FLOTOW	Respond to of 7235

Peter, News from SUF today: Attention Business Editors: SouthernEra Welcomes New Partners at Marsfontein TORONTO, Feb. 3 /CNW/ - SouthernEra Resources Limited (SUF-TSE) is pleased to announce its support for the initiative by De Beers Consolidated Mines Ltd. to include a South African based Black Empowerment Group as their Partner on the Marsfontein Joint Venture. On January 29, 1999 Investec Bank Limited of South Africa announced that De Beers has agreed to sell a portion of its interest in the Marsfontein Joint Venture to a South African based group of Black Economic Empowerment Partners. The Marsfontein project is currently held 60% by De Beers and 40% by SouthernEra. The new transaction will see De Beers transfer its 60% interest in the Marsfontein Joint Venture into a new company (Newco) effective January 1, 1999. A 49% interest in Newco will then be sold to the Black Empowerment Partners. The transaction does not affect SouthernEra's 40% interest in the Joint Venture which remains unchanged. The new partners will bring an appropriate blend of skills and experience to Newco to ensure that it is well placed to meet its future objectives, and SouthernEra is proud to be associated with the group of companies and individuals involved in the new organization. %SEDAR: 00004535E Also, there are a lot of stories about the plane crash you mentioned. No one is giving out names, but it was a Russian cargo plane, apparently overloaded. PHIL

To: Peter Bourgeois who wrote (2402)	2/3/1999 1:57:00 PM
From: Goalie	Read Replies (1) \| Respond to of 7235

Hello Peter: Here are some details on that plane crash, from Associated Press: Angola Cargo Plane Crashes On Homes By CASIMIRO SIONA Associated Press Writer LUANDA, Angola (AP) - A burning cargo plane slammed into a shantytown outside Angola's capital today, killing at least 28 people. The aircraft exploded on impact, demolishing five houses in Casenga, six miles northwest of Luanda's international airport. Seventeen of the dead had been on the ground. Civil aviation director Branco Ferreira said the Antonov cargo plane crashed about 30 minutes after taking off on a flight to Lukapa in northeastern Angola. It was returning to Luanda after the crew detected an engine problem. One engine was on fire as the plane went down, eyewitnesses said. Hours later, the wreckage was scattered amid shanties made of brick and rusting corrugated iron. Only the plane's tail section was intact. Rescue teams retrieved the bodies of the four Russian crew members and seven passengers, believed to be Angolans, from the wreckage, as well as 17 people on the ground. Charred corpses were loaded onto the back of trucks and covered with blankets. The plane was owned by the private Angolan company SavanAir. Since 1996, five Russian-built Antonov aircraft have crashed in Angola, killing 39 people. Officials blamed poor maintenance for previous accidents.