New World agrees lower coke/higher coal prices

Central European coal miner New World Resources has reached agreements with its customers for coking coal and coke sales for the first quarter of 2012 as well as thermal coal sales for the calendar year 2012.

Central European coal miner New World Resources has reached agreements with its customers for coking coal and coke sales for the first quarter of 2012 as well as thermal coal sales for the calendar year 2012.

The average agreed price of coking coal for delivery in the first calendar quarter of 2012 is €142 per tonne, a decrease of 13% compared to the fourth quarter realised price.

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