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Peabody

Dec 03, 2020
Christmas lull for Bowen Basin coal sites

Christmas lull for Bowen Basin coal sites

Peabody Energy will shut down production at two Bowen Basin coal operations for four weeks over Christmas. The company has briefed the workforce of the plan to temporarily idle production at Coppabella and Moorvale mines, and they will be able to access paid leave for the period. “Like most other Australian mining operators, Peabody has… ...

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Sep 30, 2020
Bowen Coking Coal takes control of Broadmeadow East

Bowen Coking Coal takes control of Broadmeadow East

Bowen Coking Coal has completed acquisition of the Broadmeadow East coking coal project near Moranbah, paving the way for development of its first mine. The company said today it had mine planning and environmental approval processes underway to fast-track the start-up of operations. “We are genuinely excited about having completed the Broadmeadow East acquisition well… ...

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Sep 18, 2020
Action pending on North Goonyella fire

Action pending on North Goonyella fire

The Queensland Mines Inspectorate is currently considering ‘potential compliance activity’ in relation to a fire in an underground mine in the northern Bowen Basin two years ago. The Peabody owned North Goonyella mine was hit by an underground fire during a longwall move in September 2018, which led to the site’s closure. The company announced in… ...

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Aug 06, 2020
Fitzroy Basin scores a ‘B’ for waterway health

Fitzroy Basin scores a ‘B’ for waterway health

The ecological health of the waterways of the Fitzroy Basin has received a ‘B’ on its latest report card. The catchment area is home to scores of coal mines as well as farming interests. According to the annual Fitzroy Partnership for River Health Report Card, the ecological health of the waterways improved in the 2018-19… ...

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Aug 06, 2020
Coal giant Peabody details global jobs cull

Coal giant Peabody details global jobs cull

Peabody’s latest quarterly report has outlined cost cutting measures across its Australian and United States operations in the face of reduced coal demand and pricing. Over the past 18 months, Peabody has reduced its workforce by about 24 per cent. This includes 450 jobs shed since April, including contractors, across several mines – taking the… ...

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Jun 24, 2020
Keen coal junior snaps up Broadmeadow East

Keen coal junior snaps up Broadmeadow East

Explorer Bowen Coking Coal has hit a potential fast lane to production with a deal to buy Peabody Energy’s Broadmeadow East project, north-east of Moranbah. The deal will give Bowen Coking Coal access rights to the New Lenton joint venture coal handling and preparation plant and a train load-out facility. Broadmeadow East boasts an estimated… ...

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May 27, 2020
Last load out for Millennium

Last load out for Millennium

Peabody’s Millennium mine has marked the end of an era, seeing off its last shipment of coking coal. The 30,000 tonne shipment was railed out last week from the site, about 40km east of Moranbah. Site senior executive Dave Champion described it as the end of a highly successful era of production at a ‘pretty… ...

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Apr 01, 2020
Peabody cuts 40 jobs from Australian operations

Peabody cuts 40 jobs from Australian operations

Peabody Energy is shedding 40 staff from its Australian coal operations, citing a range of factors including the COVID-19 crisis. A Peabody spokeswoman described it as an extremely difficult decision for the company. “These actions come in response to macro industry conditions, including the mild Northern Hemisphere winter, historically low natural gas prices, trade and… ...

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Feb 06, 2020
Peabody puts North Goonyella sale on the table

Peabody puts North Goonyella sale on the table

Peabody Energy’s troubled North Goonyella metallurgical coal mine in Central Queensland is on the market. In its quarterly report, the global coal mining giant said it was ‘commencing commercial process’ for North Goonyella in tandem with the ongoing mine dfevelopment plan. “The process comes in response to substantial expressions of interest in this valuable asset… ...

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