Anglo American sells coal assets to Peabody for $3.8bn
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
AS THE ongoing global financial crisis lingers and coal companies adjust to weaker markets, Australian Longwall Magazine looks at what is required to shut down a longwall mine or place it on care and maintenance…..more at International Longwall News