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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (14457)	5/25/2004 4:48:46 PM
From: Condor	Read Replies (2) \| Respond to of 110194

NP says death threats made against Inco officials Inco Ltd N Shares issued 185,322,236 May 21 close $41.97 Tue 25 May 2004 In the News The National Post reports in its Tuesday edition that Inco evacuated Canadian employees from its mine at South Sulawesi, Indonesia, after terrorists issued death threats against company officials. The Post's Drew Hasselback writes that Inco's Indonesian subsidiary, PT International Nickel Indonesia, allowed expatriates to leave the mine at Soroako, South Sulawesi, after officials in Ottawa warned that Canadians should leave the area immediately. "There is a credible terrorist threat to western interests in South Sulawesi province," said the Department of Foreign Affairs and International Trade. "Canadians should not travel to this area until further notice. Canadians already in this area should depart." Inco said the evacuation is voluntary for expatriate workers. The Post reports that most employees at the mine are Indonesian and enough staff remains in place for operations to continue as normal. PT Inco is expected to produce at least 158 million pounds of nickel this year, just less than one-third of the firm's total expected nickel output of at least 500 million pounds. The Indonesian threats sent the spot price of nickel to a four-week high on the London Metal Exchange Monday. (c) Copyright 2004 Canjex Publishing Ltd. stockwatch.com