Riversdale says prefers longer-term coal price

- January 24th, 2011

Reuters.com reports that Riversdale Mining (ASX:RIV) is electing to negotiate longer-term coking and thermal coal pricing deals with its customers.

Reuters.com reports that Riversdale Mining (ASX:RIV) is electing to negotiate longer-term coking and thermal coal pricing deals with its customers.

The story is quoted as saying:

“We aren’t going to be entering into quarterly pricing,” Mallyon told Reuters. “We want to enter into long-term arrangements, we feel that is the most appropriate way for us to do business.”

To access the full story, click here.

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8 responses to “Riversdale says prefers longer-term coal price

  1. Silver is money…not a speculative or volatile investment. Anyone who holds physical is safe. Anyone holding any other paper version of any investment traded on the markets is doomed. 

  2. Silver is money…not a speculative or volatile investment. Anyone who holds physical is safe. Anyone holding any other paper version of any investment traded on the markets is doomed. 

  3. Whether the silver demand is up or down for industrial purposes or silver is up or down for collector/investment demand, it doesn’t matter.  It’s being manipulated.  It’s a no win situation.

  4. Whether the silver demand is up or down for industrial purposes or silver is up or down for collector/investment demand, it doesn’t matter.  It’s being manipulated.  It’s a no win situation.

  5. SILVER will be the new currency! If not in the U.S., then first in other nations (first to do it wins), and then as their “money” is highly sought after, becomes valued, will be the template for the rest of the world.  We’ll be using paper in the bathroom only.  BUY SILVER NOW…crush the banks!  Dump all paper assets now. God bless America!

  6. SILVER will be the new currency! If not in the U.S., then first in other nations (first to do it wins), and then as their “money” is highly sought after, becomes valued, will be the template for the rest of the world.  We’ll be using paper in the bathroom only.  BUY SILVER NOW…crush the banks!  Dump all paper assets now. God bless America!

  7. Let me get this straight here: the “Silver Investing News” is passing these “numbers” out to their audience without any critical comment, or caveat about the dodgy and highly conflicted “Source” in question here? These boobs are the equivalent of the so-called World Gold Council, another wolf in sheep’s clothing if there ever was one.

    What give you the idea that these are any less manipulated than oh, say, the monthly NFP unemployment statistics of the BLS?

    Are you fellas seriously unaware of any of this? If so, how are you qualified to tell us anything? If you are aware, why do you knowingly push rigged statistics from well known conflicted sources? This is also known as lying. Hardly good for one’s perception in this savvy community.

    Don’t play with fire.

  8. Let me get this straight here: the “Silver Investing News” is passing these “numbers” out to their audience without any critical comment, or caveat about the dodgy and highly conflicted “Source” in question here? These boobs are the equivalent of the so-called World Gold Council, another wolf in sheep’s clothing if there ever was one.

    What give you the idea that these are any less manipulated than oh, say, the monthly NFP unemployment statistics of the BLS?

    Are you fellas seriously unaware of any of this? If so, how are you qualified to tell us anything? If you are aware, why do you knowingly push rigged statistics from well known conflicted sources? This is also known as lying. Hardly good for one’s perception in this savvy community.

    Don’t play with fire.

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