Anglo American takes Peabody to arbitration over failed $3.8B deal

Peabody withdrew a multi-billion dollar bid for Anglo American's coking coal assets after failing to agree on a lower price post mine fire.

Cecilia Jamasmie | October 3, 2025 | 8:05 am

Three-month futures are up about 4% for the week, trading near $10,600 a ton on the London Metal Exchange.

Bloomberg News | October 3, 2025 | 7:58 am

This offering, together with the company’s other sources of funding, should ensure sufficient liquidity to complete permitting.

Staff Writer | October 3, 2025 | 7:43 am

CEO Barbara Humpton told CNBC that the miner is “in close communication” with the White House.

Staff Writer | October 3, 2025 | 7:27 am

Among the heavyweights in MSCI’s gold miners index, Newmont and Agnico have seen their New York-listed stocks more than double.

Bloomberg News | October 3, 2025 | 7:05 am

The May 2024 preliminary economic assessment outlined a 10-year operation averaging about 150,000 oz. gold annually.

Henry Lazenby | October 3, 2025 | 5:36 am

Leo says a Q1 2026 sale is the earliest possible, rejecting Firefinch's three-month push as unrealistic and unwise.

Staff Writer | October 3, 2025 | 3:48 am

Glencore will be a major supplier of feedstock to Metallium's first commercial facility.

Staff Writer | October 2, 2025 | 4:02 pm

The company expects to begin production of the fuel this year at its site in New Mexico, with commercial deliveries expected in 2026.

Bloomberg News | October 2, 2025 | 2:10 pm

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