MetRes, a joint venture (JV) between Stanmore Coal and M Resources, has acquired the Millennium and Mavis Downs coal mine in Queensland from Peabody Energy.
Peabody Energy has flagged that its fourth quarter 2020 results could fall short of meeting minimum debt requirements as it remains in talks with lenders.
Keep up with the latest executive movements across the mining sector, including at Peabody Energy, IGO, Talga Resources and more.
Stay on top of the latest executive appointments across the mining sector over the past week, including at Kirkland Lake Gold, PepinNini Lithium, New Hope and more. Kirkland Lake Gold has made a number of new appointments in the company’s leadership team. The appointments, which are effective immediately, are: Mining general manager Evan Pelletier being promoted … Continue reading Follow the leaders: This week’s appointments
Peabody Energy is considering selling the North Goonyella coal mine in Queensland following a move to cut jobs and activities at the site last year.
Stay on top of the most popular stories on Australian Mining over the past week, including the BHP strategy for selecting suppliers in the mining marketplace.
Joint venture partners Glencore and Peabody Energy have received a conditional approval for the $381 million United Wambo coal project in New South Wales.
Middlemount Coal has confirmed the death of a mineworker after a high wall collapsed on to an excavator with the worker inside.
United States-based coal major Peabody Energy has secured a joint venture agreement with Arch Coal that will combine the companies’ Powder River Basin and Colorado assets.
Marking its tenth year, Immersive Technologies recognises the most outstanding results achieved by mining companies utilising simulation as a key driver in the business improvement process.
Peabody Australia has reached a 20-year milestone at its Coppabella coal mine in central Queensland.
Iluka Resources has agreed to commence a two-week trial of Intec-owned SciDev’s OptiFlox system at one of its mineral sands operations in the December quarter.
The Queensland-based contractor has established a strong relationship with equipment manufacturer Liebherr over the past two years.
Peabody’s North Goonyella underground coking coal mine is set to have its mine life extended to 2026.
Peabody Energy has ordered a complete Cat longwall mining system for its North Goonyella coal mine located in central Queensland.
Port Kembla Coal Terminal (PKCT) in New South Wales has locked out 60 workers due to an ongoing industrial dispute.
US coal company Peabody has released its 2017 third-quarter (Q3) report and it shows that 60 per cent of the company’s earnings came from Australian operations.
Peabody Energy has entered an agreement to sell the majority of its Burton coal mine in Queensland to the Lenton joint venture for $US11 million ($13.7 million).
Consolidation in Australian mining has been subdued in recent years, but market conditions may have now reached a point where a revival in mergers and acquisitions (M&A) activity is set to emerge.
South32’s proposed $US200 million acquisition of Peabody Energy’s Metropolitan Colliery in New South Wales has been scrapped due to competition concerns.