Middlemount mine tragedy ‘hits’ Peabody’s earnings

The Middlemount mine tragedy has resulted in a ‘hit’ to Peabody’s earnings with the coal giant announcing last night that following the highwall failure and fatality in late June, it expected that Peabody’s share of the joint venture would be $30 million to $35 million lower than second-quarter earnings. It says that a significant delay in resuming and then … Continue reading Middlemount mine tragedy ‘hits’ Peabody’s earnings