Skip to main content

Drilling & production - 15 December 2011

 
 

Arch Coal acquired South Hilight coal lease in the southern PRB

Arch Coal has acquired the South Hilight coal lease in the southern Powder River Basin (PRB) for US$ 300 million. The lease is contiguous with the company’s existing Black Thunder mines and contains high CV, low sulfur coals.

 

Peabody Energy increases Australian production after mine expansions

Peabody Energy will increase its production at the Wilpinjong and Millennium mines in Australia after expansions at both sites were completed. It is expected that the increased production will allow the company to supply an additional 3 – 5 million tpa to the Asian seaborne market.