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Classified in: Mining industry, Oil industry

Peabody Provides Update On North Goonyella


BRISBANE, Australia, Oct. 11, 2018 /PRNewswire/ -- Peabody today provided another periodic update on progress to contain impacts of the previously reported fire at the North Goonyella Mine in Queensland.

Details of the current status include:

"We cannot thank the team enough at North Goonyella, where we are utilizing a number of employees at site during the current phase while redeploying some to other Peabody mines," said Peabody Australia President George Schuller.  "We also continue to express our tremendous appreciation for the Inspectorate, Queensland Mines Rescue, the union and business partners.  We also have seen an extraordinary outpouring of support from neighbors and the community." 

Peabody will continue to provide routine updates on North Goonyella on PeabodyEnergy.com.

Australia Media:
Kellie Schneider
0490 912 543

Corporate Media:
Charlene Murdock
1.314.342.7526

Investment Community:
Stephanie Weiler
1.314.342.7798

Cautionary Statements Regarding Forward-Looking Statement

This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. They may include estimates of revenues, income, earnings per share, cost savings, capital expenditures, dividends, share repurchases, liquidity, capital structure, market share, industry volume, or other financial items, descriptions of management's plans or objectives for future operations, or descriptions of assumptions underlying any of the above. All forward-looking statements speak only as of the date they are made and reflect the company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, the company disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond the company's control. Such factors are described in our Annual Report on Form 10-K, as well as additional factors we may describe from time to time in other filings with the SEC. You may get such filings for free at our website at www.PeabodyEnergy.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

NYSE: BTU

Peabody. (PRNewsFoto/Peabody Energy)

 

SOURCE Peabody


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