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.
THE Obama presidential administration has outlined changes in its proposed Department of Labor budget for the 2010 fiscal year, including a more than $US2 million increase for the US Mine Safety and Health Administration’s coal enforcement….more at International Longwall News
