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.
TRIALS of NLT’s new communication technology at Xstrata’s Newlands underground coal mine in April this year have achieved impressive results and put the company on the fast-track to releasing the technology to the wider industry……more at International Longwall News