Peabody Energy (NYSE: BTU) and ArcelorMittal SA (NYSE: MT) today confirmed that they have jointly submitted an indicative proposal to the board of directors of Macarthur Coal Ltd. (ASX: MCC) to acquire all of the shares of the company.
Under the proposal by a newly formed company, owned 60 percent by Peabody and 40 percent by ArcelorMittal, Macarthur shareholders would be offered a
ST. LOUIS, July 5, 2011 /PRNewswire/ -- Peabody Energy
today confirmed that the Government of Mongolia has selected Peabody to be part of a global energy consortium to develop the Tavan Tolgoi coking coal reserve in the South Gobi region. Peabody continues to work with the government and other parties to reach agreement on definitive terms and conditions. Agreements would then be submitted for consideration and [...]
ST. LOUIS, July 5, 2011 /PRNewswire/ -- On Tuesday, July 19, 2011, Peabody Energy will announce the results for the quarter ended June 30, 2011. A conference call with management is scheduled for 10 a.m. CDT on Tuesday, July 19.
Participants may access the call using the following phone numbers:
U.S. & Canada (888) 428-4480 International (651) 291-5254
ST. LOUIS, June 29, 2011 /PRNewswire/ -- Peabody Energy
today said it has agreed to acquire Thiess Investments Pty Ltd's 5 percent joint venture interest in the Burton Mine for AU$35 million. The transaction will give Peabody 100 percent ownership of the hard coking coal operation in Queensland and will add an additional 165,000 to 275,000 tons of annual volumes to Peabody's metallurgical coal portfolio.
ST. LOUIS, June 22, 2011 /PRNewswire/ -- Peabody Energy announced today it has named Charles A. 'Chuck' Burggraf Senior Vice President - Global Safety.
Burggraf will lead the company's worldwide safety activities and be responsible for strengthening Peabody's already-intense safety program toward the company's vision of zero incidents of any kind. He will manage a team of safety and compliance professionals across the
ST. LOUIS, May 24, 2011 /PRNewswire/ -- The Foreign Policy Association has honored Peabody Energy
for excellence in global corporate and social responsibility. This honor recognizes the company's world-class safety, environmental and good neighbor practices and global leadership in clean coal solutions.
'Industry leaders should set standards. Peabody takes this responsibility seriously, whether we are operating safe
ST. LOUIS, May 3, 2011 /PRNewswire/ -- Peabody Energy
today announced that all 11 directors were re-elected for one-year terms at the company's 2010 annual meeting of shareholders.
Re-elected directors are: -- Gregory H. Boyce, Chairman and Chief Executive Officer of Peabody Energy; -- William A. Coley, former Chief Executive Officer and Director of British Energy Group plc; -- William E. James
ST. LOUIS, May 3, 2011 /PRNewswire/ -- Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce today highlighted record safety, record revenues and the second-best earnings in history at the company's 2011 annual shareholders meeting.
In 2010 the company achieved a new global safety record of 2.69 incidents per 200,000 hours worked and a new Australian safety record while operating the safest large U.S
ST. LOUIS, May 3, 2011 /PRNewswire/ -- The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on June 7, 2011, to holders of record on May 17, 2011.
Peabody Energy
is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2010 sales of 246 million tons and nearly $7 billion in [...]
ST. LOUIS, April 28, 2011 /PRNewswire/ -- Peabody Energy announced today it has appointed Randy M. Tucker as Vice President - Information Technology Services. In this role, he will be responsible for delivering IT infrastructure services across the Peabody operating platform. He will report to Senior Vice President - Information Technology Lina Young.
Tucker will lead the selection and integration of technologies into
ST. LOUIS, April 26, 2011 /PRNewswire/ -- Peabody Energy announced today it has appointed Scott P. Lawson as Senior Vice President - Engineering Services. Based in St. Louis, he will lead engineering, environmental, geology, and design and construction services across the company's global operations. Lawson will report to Executive Vice President - Technical Services Jeane L. Hull.
- First quarter 2011 revenues increase 15% to $1.74 billion - EBITDA climbs 17% to $416 million - Operating profit rises 22% to $294 million - Diluted EPS rises 30% to $0.65; adjusted diluted EPS totals $0.67 - Targeting a 15% to 40% increase in 2011 EBITDA
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