Copper $ 4.84 / lb -0.86%
Brent Crude Oil $ 65.8 / bbl 0.15%
Palladium $ 936.7 / ozt -1.61%
Crude Oil $ 63.02 / bbl 0.25%
Natural Gas $ 2.937 / Btu -0.07%
Silver Futures $ 33.01 / ozt -1.61%
Aluminum Futures $ 2339 / ton 0.00%
Micro Gold Futures $ 3327.2 / ozt -1.97%
Micro Silver Futures $ 33.01 / ozt -1.74%
Platinum $ 972.9 / ozt -0.50%
Gold Futures $ 3298.4 / ozt -1.89%
Go to MDC Markets

Peabody, ArcelorMittal bid $5 bln for Macarthur Coal

Reuters | July 11, 2011 | 1:55 pm Energy Coal Iron Ore 

Peabody Energy has teamed up with ArcelorMittal to offer $5 billion for Australia's Macarthur Coal , the world's biggest producer of pulverised coal, as demand for steel-making raw materials intensifies. The cash offer of A$15.50 a share represents a 40-percent...

Mining.com Recommends