The move follows a fire last week that halted production at the Moranbah North coal mine, which is included in the deal. The acquisition was set to be closed by mid-2025. Peabody stated that it ...

Anglo American remains in talks over the sale of its coal portfolio after its buyer said it was reviewing its options following a fire at an Australian mine. The mining giant told shareholders ...

Peabody’s shares surged in New York after it said it was reviewing the deal, announced in November, due to the fire at its Moranbah North Mine in Queensland. It was considering “all options ...

Anglo said the fire was started by a "minor ignition" on March 31 and it was making progress towards the temporary suspension of mining operations. "Conditions in the mine normalised shortly ...

Anglo's Moranbah North Mine is a sister mine to Grosvenor Mine, which has remained closed since an underground fire there in June 2024. Both are included in Peabody's planned acquisition.

According to media reports, production at Anglo's (OTCQX:AAUKF) (OTCQX:NGLOY) Moranbah North mine in Queensland was suspended after an underground fire broke out at the mine last week.

Anglo American agreed to sell its steelmaking coal business, including the Moranbah North mine, where the fire broke out last week, to St. Louis-based Peabody in November. It was the U.K.-based ...

Peabody Energy Corp. shares rose after the company said it’s reviewing a deal worth up to $3.78 billion to buy Anglo American Plc ’s steel-making coal business after a fire at an Australian mine.

Peabody Energy said it is reviewing an up to $3.78 billion deal to buy Anglo American's steelmaking coal operations following a fire at an Australian mine. Anglo American agreed to sell its ...

Peabody Energy is reassessing its $3.78 billion acquisition deal with Anglo American following an underground fire at the Moranbah North mine in Queensland, Australia. The U.S.-based coal producer ...

following an ignition event last week at Anglo American Plc’s Moranbah North Mine. If this is deemed to be a “material adverse change” to these assets, it is possible that Peabody can walk ...