Perenti Global will exit from two Burkina Faso operations following an ambush on its employees last month, but will continue operating three other mines in the country. The contractor also announced today several new contracts in Australia and Africa.
Mining services business Ausdrill has won a $70 million extension to its contract for work at Peabody Energy Corporation's coal mines on the east coast.
The competition watchdog has raised concerns over South32's proposed $US200 million acquisition of Peabody Energy Corporation's Metropolitan Colliery in NSW, on the grounds that it may lessen competition in the region.
Perth-based miner South32 has entered into an agreement to buy the Metropolitan Colliery and a 16.7 per cent stake in the Port Kembla coal terminal in NSW from Peabody Energy Corporation for $US200 million ($A261 million) in cash.
Wesfarmers is set to acquire a coal development licence worth $70 million from Peabody Energy, in a purchase which the company says will boost its total coal reserves by about 29 per cent.
A former Perth commercial analyst has been fined after pleading guilty to one count of insider trading related to the takeover of MacArthur Coal by Peabody Energy Corporation in 2011.
A Perth-based businessman has pleaded guilty to insider trading relating to the takeover of MacArthur Coal by US-based Peabody Energy Corporation in 2011.
