/ 18 March 1999

MINORCO EARNINGS FALL

NATURAL resources group Minorco annouced on Wednesday that its earnings fell $60-million on weaker commodity prices to $202-million in the year to December 31. Earnings before exceptional items, at $154-million, is R165-million lower than last year. Minorco said its annual results reflect the continued weakening of commodity prices throughout the year.