MercoPress. South Atlantic News Agency
World's largest private coal miner has filed for bankruptcy protection in the US
Peabody Energy, the world's largest privately-owned coal miner, has filed for bankruptcy protection in the US after a sharp fall in coal prices left it unable to repay its debts. The firm said the move was aimed at reducing debt and that all its mines and offices would continue to operate. Read full article
Comments
Disclaimer & comment rulesObama's terribly destructive policies.
Apr 14th, 2016 - 12:33 pm - Link - Report abuse 0Yawn, who you gonna vote for?
Apr 15th, 2016 - 02:08 am - Link - Report abuse 0Pray tell.
So coal prices dropped and Obama caused this?
Apr 15th, 2016 - 03:44 am - Link - Report abuse 0Wow! That guy is amazing.
No, the EPA regulated it out of existence there's very little market influence that is causing this problem.
Apr 15th, 2016 - 04:48 pm - Link - Report abuse 0Trying to be smart/funny isn't working for you.
You're neither.
http://en.mercopress.com/2016/04/14/world-s-largest-private-coal-miner-has-filed-for-bankruptcy-protection-in-the-us#comment437443: More like Peabody's terribly destructive policies. They bought a British coal company and that purchase wiped out their value.
Apr 16th, 2016 - 02:43 am - Link - Report abuse 0Commenting for this story is now closed.
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