Tag: Coal Production

  • Peabody Sells Majority Stake in Burton Mine

    Peabody Sells Majority Stake in Burton Mine

    Global mining major—Peabody Energy—has eventually entered into an agreement with the Lenton Joint Venture to sell off the majority stake in its Burton coal mine, situated at the Queensland region of Australia. The deal is fixed at USD 11 million. Peabody Energy had lowered the production levels in the mine in 2014 due to the…