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Peabody's North Goonyella Mine renamed Centurion Mine

Published by , Editorial Assistant
World Coal,


Peabody has announced that the North Goonyella Mine will now be known as the Centurion Mine.

In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit adjacent to the existing North Goonyella Mine. The new name reflects the pending addition of the acquired resources, creating a premier, tier one premium hard coking coal mine with a life of 25 years or more.

“The combined resources will make Centurion Mine a global leader in the metallurgical coal market,” Jamie Frankcombe, Peabody’s President of Australian Operations, said. “We are excited for the long future of this operation.”

The Centurion Mine remains on track to commence mining of development coal in the 1Q24. The project is expected to reweight Peabody’s long-term production and revenue toward metallurgical coal when longwall production commences in 2026.

Read the article online at: https://www.worldcoal.com/coal/02012024/peabodys-north-goonyella-mine-renamed-centurion-mine/

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Australia coal news