ST. LOUIS, Aug. 12, 2011 /PRNewswire/ -- Peabody Energy announced today it has named Gerry Brophy Chief Project Officer - Australia and Keith Downham Vice President of Resource Development - Indonesia to advance the company's growth and business goals. Ian Livingstone-Blevins also was named General Manager at the Wilpinjong Mine in New South Wales, Australia.
-- Gerry Brophy will direct and manage Peabody's Australian
ST. LOUIS, Aug. 10, 2011 /PRNewswire/ -- Peabody Energy
today announced a new licensing agreement with Yanzhou Coal Mining Company for the installation of its Longwall Top Coal Caving (LTCC) technology to enhance recovery of metallurgical coal at Peabody's North Goonyella Mine in the Bowen Basin, Queensland, Australia. Yanzhou is a subsidiary of Yankuang Group Co. Ltd.
Peabody estimates the new technology will allow the
ST. LOUIS, Aug. 4, 2011 /PRNewswire/ -- Peabody Energy
and Ameren Corporation have entered into an agreement to provide 91 million tons of low sulfur coal to serve multiple electricity generating plants in Missouri through 2017.
Peabody will source multiple products from its Powder River Basin operations in Wyoming to serve contract terms that would continue a minimum of six years, with opportunities for extension.
WINDOW ROCK, Ariz., Aug. 4, 2011 /PRNewswire/ -- The Navajo Nation, Peabody Energy, Salt River Project and Southern California Edison today announced they have reached a settlement agreement on the 1999 Navajo royalty litigation. Terms of the agreement are confidential.
Peabody and the Navajo Nation also recently completed a 10-year royalty reopener agreement that continues the current royalty rate for Peabody's Arizona
- All cash takeover offer for Macarthur Coal by Peabody Energy and ArcelorMittal - Total value of A$15.66 cash per share represents 45% premium to one month volume weighted average price - Provides Macarthur Coal shareholders with attractive premium, liquidity and certainty of value
ST. LOUIS, July 22, 2011 /PRNewswire/ -- The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on Aug. 25, 2011, to holders of record on Aug. 4, 2011.
Peabody Energy
is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2010 sales of 246 million tons and nearly $7 billion in [...]
Peabody Energy (NYSE: BTU) and the Government of the Xinjiang Uyghur Autonomous Region today entered into a framework agreement to pursue development of a state-of-the-art 50 million-ton-per-year surface mine that would operate over multiple decades.
The agreement was signed today during a ceremony in the Xinjiang capital of Urumqi with Peabody Chairman and Chief Executive
Peabody Energy and ArcelorMittal today note the announcement by Macarthur Coal Ltd. which states that the parties have agreed to a process for due diligence. Following discussions between the parties, Peabody and ArcelorMittal have agreed to: Improve the indicative proposal by allowing a dividend of 16 cents per share to be paid to Macarthur shareholders without reducing the price per share; and
ST. LOUIS, July 13, 2011 /PRNewswire/ -- Peabody Energy
today announced that it is the winning bidder for the control of approximately 220 million tons of low sulfur coal reserves in the Powder River Basin of Wyoming.
The winning bid for the reserves was $0.95 per mineable ton, made through a sealed bid auction process. The company intends to add the 'Belle Ayr North' reserve area to the assigned reserves related to the
Peabody Energy (NYSE: BTU) and ArcelorMittal SA (NYSE: MT) today confirmed that they have jointly submitted an indicative proposal to the board of directors of Macarthur Coal Ltd. (ASX: MCC) to acquire all of the shares of the company.
Under the proposal by a newly formed company, owned 60 percent by Peabody and 40 percent by ArcelorMittal, Macarthur shareholders would be offered a
ST. LOUIS, July 5, 2011 /PRNewswire/ -- Peabody Energy
today confirmed that the Government of Mongolia has selected Peabody to be part of a global energy consortium to develop the Tavan Tolgoi coking coal reserve in the South Gobi region. Peabody continues to work with the government and other parties to reach agreement on definitive terms and conditions. Agreements would then be submitted for consideration and [...]
ST. LOUIS, July 5, 2011 /PRNewswire/ -- On Tuesday, July 19, 2011, Peabody Energy will announce the results for the quarter ended June 30, 2011. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, July 19.
Participants may access the call using the following phone numbers:
U.S. & Canada (888) 428-4480 International (651) 291-5254
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