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Peabody to buy Twentymile longwall
Peabody continued its aggressive buy-up plan of RAG assets, with the purchase of Twentymile longwall mine in Colorado.
NRP chief leads $115 million buy out
A private investor group lead by Natural Resource Partners (NRP) CEO Corbin Robertson has bought out Arch Coal's interest in NRP for US$115 million.
Gympie Gold's Southland Colliery was evacuated Christmas eve due to "heating" problems and upon request by the company was suspended from ASX trading.
Gympie Gold has gone into voluntary administration following a devastating underground fire at its Southland colliery over the Christmas period and the subsequent sealing of the mine.