https://www.engineeringnews.co.za
Coal|Energy|Financial|Fire|Mining|Underground
Coal|Energy|Financial|Fire|Mining|Underground
coal|energy|financial|fire|mining|underground

Peabody says Shoal Creek fire won’t impact 2023 results

21st June 2023

By: Creamer Media Reporter

     

Font size: - +

Top US coal producer Peabody Energy has managed to seal off two longwall panels in the area of the Shoal Creek mine, which was impacted by a fire in March and has begun the process of resuming development coal production in a new area that should have better mining conditions.

Shoal Creek is in a ramp-up period throughout 2023 and a new longwall kit is expected by the end of the year, the NYSE-listed company says.

“Peabody does not expect the current incident to have a material impact on the company’s 2023 financial results,” says the coal miner.

Shoal Creek is a production-stage underground longwall metallurgical coal mine west of Birmingham.

The mine extracts coal from the Mary Lee and Blue Creek coal seams at depths of 1 000 to 1 300 feet.

Edited by Creamer Media Reporter

Comments

Showroom

M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.23 0.284s - 158pq - 2rq
Subscribe Now