FLEETS

Counting North Goonyella costs

IT HAS cost Peabody Energy more than US$58 (A$82) million so far in terms of fighting the North Goonyella fire and in equipment lost in the section that will have to be sealed off. The company will likely face another $45 million in costs due to the fire and that is before the costs of lost production are even factored in.

 Peabody has paid a heavy price for the North Goonyella fire.

Peabody has paid a heavy price for the North Goonyella fire.

It is also unlikely mining will resume at North Goonyella until the second half of 2019 at the earliest. Mine personnel are continuing the concrete sealing of the completed longwall panel and the company...

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