Inco, govt discussing review of royalty rate

"PT International Nickel Indonesia (INCO) and the energy and mineral resources ministry are currently discusssing a plan to review the rate of the company`s royalties to the government, the company`s chief said."We and the mineral resources ministry are discussing the rate of...

Navy preparing 20 warships for joint exercise in Sengata

"A spokesman for the Balikpapan Naval Base, Major Arif, said here on Tuesday the presence of the warships from the Eastern Fleet was only aimed at supporting the operation of the naval exercise which would take place from December 14 to 16, 2007. In addition, the navy will...

PT International Nickel Indonesia Tbk. Reports That Q3 Earnings Doubled To $2...

""Third quarter 2007 production was 42.0 million pounds of nickel-in-matte, compared to production of 37.8 million pounds in the same period last year. Production during the third quarter was excellent, taking into consideration that we shut down furnace no.1 and furnace no.2...

Pak never sought Arif's release: India

"Reacting to television reports here that spoke of swapping the two prisoners, Union Home Secretary Vinod Kumar Duggal told reporters that he was not aware of any such development."