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Apr 15, 2021

Stanmore in plans to restart mothballed Peabody mine

Stanmore in plans to restart mothballed Peabody mine

Stanmore Coal plans to restart mining at the Millennium and Mavis Downs mine complex within months after reaching a deal to buy the site from Peabody Energy Australia. Stanmore, in joint venture with M Resources, has executed agreements to acquire the assets for an upfront payment of $1.25 million plus royalties. It said the restart…

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