Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the US.

Thursday, April 11, 2024 - 22:32:33

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Mining News Pro - Peabody Energy Corp. plans to resume production next quarter at its North Goonyella mine in Australia, which has been closed since a 2018 fire.

Thursday, December 21, 2023 - 18:40:49

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Mining News Pro - The booming global coal market presented a challenge for Peabody Energy Corp. after skyrocketing prices led to a $301 million first-quarter charge for the mining giant’s hedging operations. The shares slumped more than 20%.

Friday, April 29, 2022 - 13:51:09

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Mining News Pro - Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago.

Thursday, March 10, 2022 - 13:31:40

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Mining News Pro - 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.

Friday, April 16, 2021 - 12:17:37 PM

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Mining News Pro - Experts from the US-based Institute for Energy Economics and Financial Analysis published a commentary stating that Peabody Energy, —the world’s largest private coal miner— seems to be flirting with bankruptcy just three-and-a-half years after emerging from its previous default.

Monday, November 16, 2020 - 1:24:24 PM

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Mining News Pro - 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.

Wednesday, November 11, 2020 - 12:01:24 PM

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Mining News Pro - Top coal miner Peabody Energy on Monday flagged fresh bankruptcy risks, with the company in talks with lenders to avert a violation on terms of its debt.

Tuesday, November 10, 2020 - 1:03:32 PM

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Mining News Pro - Bowen Coking Coal has secured an agreement with Peabody to acquire the Broadmeadow East coking coal project near Moranbah, Queensland.

Monday, June 29, 2020 - 10:32:43 AM

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Mining News Pro - The US Federal Trade Commission (FTC) has rejected Peabody Energy and Arch Coal’s plans to combine their operations in Wyoming and Colorado, saying it would limit competition and raise prices.

Thursday, February 27, 2020 - 11:52:14 AM

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Mining News Pro - US coal miner Peabody Energy (NYSE:BTU), the world’s largest privately owned producer of the fossil fuel, reported on Wednesday a fourth-quarter loss of $289.8 million, a notable reversal of fortunes from a year ago, when it posted a profit.

Thursday, February 6, 2020 - 11:40:10 AM

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Mining News Pro - Peabody Energy has inked a deal with SCE to transport coal wash reject from its Metropolitan mine at Helensburgh to a number of tipping locations at Illawarra, New South Wales.

Thursday, July 4, 2019 - 1:09:34 PM

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Mining News Pro - Global mining simulation and training major Immersive Technologies has announced the winners of its Global Business Improvement Award 2018. This is the tenth year in which Immersive Technologies has recognised “the most outstanding real results achieved by mining companies utilising simulation as a key driver in the business improvement process.”

Tuesday, April 2, 2019 - 11:07:30 AM

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Mining News Pro - Millennium mine site reclamation process. Photo by Peabody.

Monday, September 3, 2018 - 12:10:27 PM

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Mining News Pro - Peabody Energy’s newest longwall at the North Goonyella mine in Queensland, Australia, has started up and will soon benefit from automated steering and the ...

Monday, July 30, 2018 - 10:16:13 PM

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