The government has agreed to grant a demand from mining company Rio Tinto for a fixed-rate tax facility for its US$3 billion nickel project in Sulawesi, providing leeway for other mining giants to receive similar privileges.
Chairman of the Investment Coordinating Board Muhammad Luthfi told reporters Monday the government had agreed to provide the company with [...]

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 [...]

Forty-one oil/gas blocks in Indonesia are offered to investors in 2006, according to Lulu Sumiarso, director general of oil/gas development in the Energy and Mineral Resources Ministry.
Twenty oil/gas blocks are offered through tenders and 21 offered directly to investors, he told reporters at the opening of the Jakarta International Geosciences Conference and Exhibition here on [...]