UNDERGROUND

Peabody reports loss despite operational improvements

SUCCESSFULLY lowering operating costs and creating a leaner corporate structure could not stop Peabody Energy from reporting a US$120.4 million loss in the fourth quarter.

 Fourth quarter seaborne thermal segment costs of $27/t decreased 12% compared to the prior year, primarily due to continued strong performance from the Wambo surface and Wilpinjong mines.

Fourth quarter seaborne thermal segment costs of $27/t decreased 12% compared to the prior year, primarily due to continued strong performance from the Wambo surface and Wilpinjong mines.

Fourth quarter seaborne thermal segment costs of $27/t decreased 12% compared to the prior year, primarily due to continued strong performance from the Wambo surface and Wilpinjong mines.  Seaborne...

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