10
Nov
00:43
Peabody Energy to redevelop Australia’s North Goonyella mine
United States-listed coal miner Peabody Energy has begun the initial steps to redevelop the company's North Goonyella mine, a premium hard-coking coal longwall operation in Australia with over 70 million tonnes of reserves, Kallanish notes.
The initial $140 million of redevelopment capital expenditure has been approved and includes further ventilation, equipment, conveyors, and infrastructure updates in anticipation of reaching development coal, subject to re…
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