World’s Most High-Profile Coal Miner Calls It Quits

Posted by Pierce Points

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Historic day in the coal sector yesterday. With one of the world’s largest producers saying that it may soon disappear completely.

The news comes after Peabody missed payment Tuesday on $71 million in interest due on $1.65 billion worth of bonds. The company has now entered into a 30-day grace period to make the payments.

….read more HERE

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