ST. LOUIS, Dec. 29, 2016 /PRNewswire/ -- Peabody Energy today announced that it has materially increased the consensus among creditor classes in recent days in support of the company's plan of reorganization. Following discussions with certain other creditors, the company also has reached agreement with the creditor co-proponents of the plan to extend the deadline for holders of the company's senior secured second lien [...]
ST. LOUIS, Dec. 22, 2016 /PRNewswire/ -- Peabody Energy today announced that it has filed its plan of reorganization and disclosure statement with the U.S. Bankruptcy Court for the Eastern District of Missouri, representing another key milestone in the company's Chapter 11 process. "Today's proposed plan is an important achievement in our path toward emergence," said Peabody Energy President and Chief Executive Officer [...]
ST. LOUIS, Dec. 15, 2016 /PRNewswire/ -- Peabody Energy today renewed its commitment to downtown St. Louis by extending the lease agreement for its global headquarters at Peabody Plaza two additional years through 2023. Peabody has been a major downtown landmark since 1955, and is a Fortune 500 company and one of the largest companies in downtown St. Louis. "We are proud to continue as a major employer and economic [...]
ST. LOUIS, Dec. 13, 2016 /PRNewswire/ -- Peabody Energy today recognized U.S. coal-fueled power plants for top environmental performance with the 2016 Peabody Energy Clean Coal Awards. Honors were determined based on data available from the Environmental Protection Agency for the lowest sulfur dioxide (SO2) and nitrogen oxides (NOx) emissions rates in addition to the best efficiency (as measured by heat rate), which [...]
ST. LOUIS, Dec. 12, 2016 /PRNewswire/ -- Peabody Energy today said the Indiana Society of Mining Reclamation has honored the company with a 2016 Excellence in Mining and Reclamation Award for an ecological approach to restoration at the former Viking Mine – Knox Pit south of Bicknell in Knox County. The honors recognize efforts to restore prime farmland and wildlife habitat, improve stream water quality and enhance [...]
ST. LOUIS, Nov. 10, 2016 /PRNewswire/ -- Peabody Energy today announced that A. Verona Dorch has been named among the Most Influential Women in Corporate America by Savoy magazine. Verona is a veteran global leader in the legal, compliance and government relations functions and joined Peabody as Executive Vice President, Chief Legal Officer, Government Affairs and Corporate Secretary in August 2015. She has more than 20 [...]
ST. LOUIS, Nov. 2, 2016 /PRNewswire/ -- Peabody Energy announced today that one of its Australian subsidiaries has entered into a definitive agreement to sell Metropolitan Mine in New South Wales, Australia, and its associated 16.67 percent interest in the Port Kembla Coal Terminal to a subsidiary of South32 Ltd. for US$200 million in cash, subject to customary working capital adjustments. The transaction also includes a [...]
ST. LOUIS, Oct. 18, 2016 /PRNewswire/ -- Peabody Energy has been named the most responsible global mining company for 2016, recognizing the company's excellence in environmental, social and governance standards and performance. The honors were given by a panel of international judges as part of the annual awards program by London-based Capital Finance International. The program identifies individuals and companies that [...]
ST. LOUIS, Sept. 27, 2016 /PRNewswire/ -- The National Mining Association (NMA) today said Peabody is the first in the industry to achieve independent certification under the CORESafety® system, a safety and health management system emphasizing a leadership culture that engages employees to prevent accidents. The milestone was noted during a safety luncheon hosted by NMA at MINExpo International in Las Vegas [...]
ST. LOUIS, Sept. 7, 2016 /PRNewswire/ -- The New Mexico Bureau of Mine Safety and New Mexico Mining Association today presented Peabody's El Segundo Mine with the Safe Operator of the Year Award. El Segundo, which has operated more than one year without any reportable mine or contractor injury, achieved the state's best surface mine safety record in the 2015-2016 period running from July through June. The operations [...]
ST. LOUIS, Aug. 31, 2016 /PRNewswire/ -- Peabody Energy today said its Wambo Underground Mines Rescue Team (MRT) earned first place in the First Aid competition at the 10th International Mines Rescue Competition held in Sudbury, Canada this past week. The Wambo Underground MRT was among 27 teams from 13 nations that gathered to compete in four days of events to test emergency preparedness skills and train through [...]
ST. LOUIS, Aug. 31, 2016 /PRNewswire/ -- Peabody Energy today said its Wambo Underground Mines Rescue Team (MRT) earned first place in the First Aid competition at the 10th International Mines Rescue Competition held in Sudbury, Canada this past week. The Wambo Underground MRT was among 27 teams from 13 nations that gathered to compete in four days of events to test emergency preparedness skills and train through [...]