ST. LOUIS, Dec. 13, 2016 /PRNewswire/ -- Peabody Energy today recognized U.S. coal-fueled power plants for top environmental performance with the 2016 Peabody Energy Clean Coal Awards. Honors were determined based on data available from the Environmental Protection Agency for the lowest sulfur dioxide (SO2) and nitrogen oxides (NOx) emissions rates in addition to the best efficiency (as measured by heat rate), which [...]
ST. LOUIS, Dec. 12, 2016 /PRNewswire/ -- Peabody Energy today said the Indiana Society of Mining Reclamation has honored the company with a 2016 Excellence in Mining and Reclamation Award for an ecological approach to restoration at the former Viking Mine – Knox Pit south of Bicknell in Knox County. The honors recognize efforts to restore prime farmland and wildlife habitat, improve stream water quality and enhance [...]
ST. LOUIS, Nov. 10, 2016 /PRNewswire/ -- Peabody Energy today announced that A. Verona Dorch has been named among the Most Influential Women in Corporate America by Savoy magazine. Verona is a veteran global leader in the legal, compliance and government relations functions and joined Peabody as Executive Vice President, Chief Legal Officer, Government Affairs and Corporate Secretary in August 2015. She has more than 20 [...]
ST. LOUIS, Nov. 2, 2016 /PRNewswire/ -- Peabody Energy announced today that one of its Australian subsidiaries has entered into a definitive agreement to sell Metropolitan Mine in New South Wales, Australia, and its associated 16.67 percent interest in the Port Kembla Coal Terminal to a subsidiary of South32 Ltd. for US$200 million in cash, subject to customary working capital adjustments. The transaction also includes a [...]
ST. LOUIS, Oct. 18, 2016 /PRNewswire/ -- Peabody Energy has been named the most responsible global mining company for 2016, recognizing the company's excellence in environmental, social and governance standards and performance. The honors were given by a panel of international judges as part of the annual awards program by London-based Capital Finance International. The program identifies individuals and companies that [...]
ST. LOUIS, Sept. 27, 2016 /PRNewswire/ -- The National Mining Association (NMA) today said Peabody is the first in the industry to achieve independent certification under the CORESafety® system, a safety and health management system emphasizing a leadership culture that engages employees to prevent accidents. The milestone was noted during a safety luncheon hosted by NMA at MINExpo International in Las Vegas [...]
ST. LOUIS, Sept. 7, 2016 /PRNewswire/ -- The New Mexico Bureau of Mine Safety and New Mexico Mining Association today presented Peabody's El Segundo Mine with the Safe Operator of the Year Award. El Segundo, which has operated more than one year without any reportable mine or contractor injury, achieved the state's best surface mine safety record in the 2015-2016 period running from July through June. The operations [...]
ST. LOUIS, Aug. 31, 2016 /PRNewswire/ -- Peabody Energy today said its Wambo Underground Mines Rescue Team (MRT) earned first place in the First Aid competition at the 10th International Mines Rescue Competition held in Sudbury, Canada this past week. The Wambo Underground MRT was among 27 teams from 13 nations that gathered to compete in four days of events to test emergency preparedness skills and train through [...]
ST. LOUIS, Aug. 31, 2016 /PRNewswire/ -- Peabody Energy today said its Wambo Underground Mines Rescue Team (MRT) earned first place in the First Aid competition at the 10th International Mines Rescue Competition held in Sudbury, Canada this past week. The Wambo Underground MRT was among 27 teams from 13 nations that gathered to compete in four days of events to test emergency preparedness skills and train through [...]
ST. LOUIS, Aug. 22, 2016 /PRNewswire/ -- Peabody Energy announced today it has reached agreement with the Illinois State Department of Natural Resources regarding financial assurances in support of coal mine restoration. The company has reached a superpriority settlement agreement with Illinois, a state in which Peabody has self-bonding obligations. The agreement follows agreements with Wyoming, New Mexico and Indiana [...]
ST. LOUIS, Aug. 10, 2016 /PRNewswire/ -- Peabody Energy announced today that it has received approval of its business plan by the company's debtor-in-possession (DIP) financing lenders. The business plan forms the foundation for the plan of reorganization that the company expects to submit before the end of the year. Both the business plan and the plan of reorganization are essential milestones toward Peabody's successful [...]
ST. LOUIS, July 26, 2016 /PRNewswire/ -- Peabody Energy announced today it reached agreements with three state regulatory agencies regarding financial assurances in support of coal mine restoration. Superpriority settlement agreements have been reached with Wyoming, New Mexico and Indiana, states in which Peabody has self-bonding obligations. These agreements, which are subject to bankruptcy court approval, would [...]