Coronado and Peabody could combine

SPECULATION is growing that Coronado Global Resources and fellow US based Peabody Energy will merge and consolidate the assets of the two companies – both of which have mines in the US and Queensland.

Coronado and Peabody could combine Coronado and Peabody could combine Coronado and Peabody could combine Coronado and Peabody could combine Coronado and Peabody could combine

Coronado's Curragh mine in Queensland.

Coronado said in a statement that it could confirm that it was in confidential discussions with Peabody regarding a potential combination transaction.