The Board of Stanmore Resources Ltd has announced the completion of the Millennium and Mavis Downs Mine acquisition from Peabody Energy Australia with all conditions precedent satisfied.
Peabody's Board of Directors have announced the appointment of James Grech to the position of President and CEO effective 1 June 2021.
Johnson Winter & Slattery has advised Peabody on its sale of the Millennium coal mine in Queensland to MetRes (a 50/50 JV between Stanmore Coal and M Resources).
The Peabody Board of Directors has announced that the company and Glenn Kellow, President and CEO, have entered into a leadership transition agreement as part of its succession planning process.
Peabody has recently announced that Darren Yeates has been named Executive Vice President and Chief Operating Officer effective 1 November 2020.
Diversified mining services company Perenti Global Ltd has recently announced its earthmoving parts and equipment subsidiary, BTP, has been awarded a three-year extension worth AUS$126 million to its existing contract with Peabody Australia.
As part of its critical energy and supply infrastructure, Peabody mines continue to support coal-fuelled electric power generation and essential steelmaking.
Peabody was honoured this week with three national awards recognising the company's safety and land restoration efforts.
The credit facility was amended to permit the company's pending PRB/Colorado joint venture with Arch Coal.