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Peabody Energy files for bankruptcy

The current slump in coal prices has seen US mining giant Peabody Energy file for bankruptcy protection. The world’s biggest coal miner made the announcement yesterday, but has assured its...

Strong contenders at safety innovations awards

The Queensland Mining Industry Health and Safety Conference 2015 has gone off with a bang, with hundreds of delegates gathering in Townsville until tomorrow. With a program packed full of safety...

Peabody sells Wilkie Creek Mine

Peabody Energy has confirmed this week that it has entered into a sale and purchase agreement with Sekitan Resources Pty, Ltd., a wholly owned subsidiary of Exergen Pty, Ltd., to sell Peabody’s...

Peabody announces 250 corporate jobs to be axed

Peabody Energy president and CEO Glenn Kellow announced plans to reduce about 250 corporate and regional positions in coming months to “create a leaner organization and lower costs”. When...

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