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07 Nov
01:29

Coronado and Peabody discontinue combination discussions

Australian metallurgical coal miner Coronado Global Resources has jointly agreed with United States coal miner Peabody Energy Corporation to cease discussions regarding a potential combination of the two companies, Kallanish notes. Coronado says the announcement does not impact its fourth quarter plans. It says the firm will continue to pursue and implement its existing capital management plans and remains focussed on its existing capital investments and long-ter…
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