A nickel project on Indonesia’s Sulawesi island involving Rio Tinto Ltd/Plc should be agreed under existing mining laws to ensure it is attractive, the CEO of the mining firm said on Monday.
The comments by Tom Albanese highlight concern among mining firms over a draft mining law currently being debated by Indonesia’s parliament which includes plans [...]

The Indonesian unit of Canada’s Inco Ltd. said on Wednesday it was likely to meet this year’s nickel matte output target of 158 million pounds after rain helped replenish hydro-power reserves.
PT International Nickel Indonesia Tbk , said last week it may have to cut nickel matte production from Dec. 20 as dry weather had caused [...]

The Indonesian unit of Canada’s Inco Ltd. said on Monday its nickel in matte output fell 9.45 percent in the first nine months of the year, mainly due to a fire at one of its furnaces.
PT International Nickel Indonesia Tbk said in a statement it produced 111.1 million pounds, or 50,400 tonnes, of nickel in [...]

Canadian stocks may fall, as oil and gas producers including Suncor Energy Inc. retreat alongside the price of crude oil.
Declines in the Standard & Poor’s/TSX Composite Index may be limited as financial companies such as Royal Bank of Canada may extend gains amid speculation the U.S. Federal Reserve may be close to ending its interest-rate [...]