
Peabody adds $109m to North Goonyella capex, acquires adjacent deposit
US-based coal miner Peabody Energy has approved a further $109-million for capital expenditure (capex) at its North Goonyella mine

US-based coal miner Peabody Energy has approved a further $109-million for capital expenditure (capex) at its North Goonyella mine

Whitehaven Coal’s acquisition of two coking coal mines from BHP is expected to boost earnings per share by 93% by 2025

Arch reported net income of $3.91 per diluted share, meeting analysts’ estimates but down from $8.68 in the same period last year.

After Peabody released earnings on Thursday morning, the market sold the stock off heavy and there wasn’t a good reason why.

Stanmore Resources has struck a deal with Peabody Energy, selling a portion of its Wards Well metallurgical coal tenement in Queensland

ARCH Resources & Peabody Energy reported Q3 earnings this morning. Earnings calls will take place at 10 and 10:30 am.

We kick it off tomorrow (Thursday morning) with Arch at 10 am and Peabody at 11 am.

Teck raised the cost estimate for its Quebrada Blanca 2 copper project due to further construction delays.

We finally got news that Whitehaven is the preferred bidder for the Blackwater and Daunia mines being sold by BHP.

Whitehaven Coal is pleased to announce it has executed definitive sale agreements with BHP Group and Mitsubishi Development Pty Ltd…

Whitehaven Coal is the preferred bidder for BHP’s Blackwater and Daunia metallurgical coal mines estimated to cost up to $4.1 billion.

Ramaco Resources (METC) pre-announced earnings, providing a tight range for Net Income and EBITDA. They also revised FY 2023 guidance.