Peabody Energy is cutting production and jobs at its North Goonyella coal mine in Queensland.
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Peabody optimistic about coal rebound
With widespread cost cutting and commodity prices bottoming out in coal, Peabody CEO Greg Boyce said investors could see that the worst may be over.
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Mining accident at Wambo
A man aged is his thirties was airlifted to hospital yesterday after suffering an injury at Peabody’s Wambo mine.
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Peabody to strip Queensland assets
As oversupply and low coal prices continue to erode profit margins, Peabody have suggested that they will strip back “non-core assets”, leaving the future unclear for each of their seven Queensland coal mines.
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Helensburgh mine workers vote to limit coal production
The workforce at Peabody’s Helensburgh Metropolitan Colliery have voted in favour of taking further industrial action after the company locked them out of the mine for three days.
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Peabody locks workers out of mine
More than 200 workers at Peabody’s Helensburgh Metropolitan Colliery have been locked out of the mine for 72 hours as the dispute around a new enterprise agreement continues.
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Peabody Energy cut 400 jobs across its coal mines
Peabody Energy have announced it will cut 400 positions across its NSW and QLD coal mines, blaming challenging market conditions for the move.
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Hundreds expected to protest over QLD job cuts
Hundreds of people are expected to take the streets of Brisbane tomorrow to protest against the latest round of job cuts in Queensland's mining sector.
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Miners dump NRW as manager of Middlemount mine
Mining giants Peabody and Yancoal have reached a joint venture agreement to take control of Middlemount mine away from service contractor NRW.
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Deal of the century
Despite tax worries, groundbreaking M&A is still going ahead.
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