Tag: Australian mine

Mining & Resources

Peabody Energy reduces production at Burton Mine in Australia

The Burton Mine is Peabody's highest unit-cost operation, and production levels are not sustainable in the current market environment.  Following negotiations with the contractor operator, production levels are expected to be reduced to approximately 1 million tons per year, as the operation targets lower-cost reserves using reduced fleets of equipment. Peabody also reduced its annual…

1 Sep 2014, by test test