PEABODY ENERGY: Records $41.5M Costs for Environmental Cleanup

Peabody Energy Corporation, as of June 30, 2008, has recorded undiscounted liabilities of US$41.5 million for environmental cleanup-related costs from claims wherein its subsidiary Gold Fields Mining, LLC has been named a potentially responsible party.

Of the US$41.5 million liabilities, US$5.2…

PEABODY ENERGY: Gold Fields Still Facing 2 Class Suits in Okla.

Peabody Energy Corporation reported in its latest Quarterly Report on Form 10-Q that Gold Fields Mining, LLC and two other companies remain defendants in two class action lawsuits allegedly involving past operations near Picher, Okla. All of the lawsuits are…

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