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South32 drops $200 million plan to buy Peabody coal mine

Cecilia Jamasmie | April 18, 2017 | 3:42 am Base Metals Energy Top Companies Australia Europe Latin America Aluminum Coal 

Australia’s South32 (ASX, LON, JSE:S32) has decided to ditch its $200 million planned acquisition of Peabody Energy’s coal mine in the eastern Australian state of New South Wales, which was the firm's first major deal since spinning off from BHP Billiton (ASX:BHP) in...

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