Burton Mine
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Burton Mine is was surface mine located in Queensland's northern Bowen Basin, Australia. Peabody Energy owned 100% of the Burton operation. Up until late June 2011 Thiess Investments held a 5% stake but this was bough by Peabody for $35 million.[1]
In 2010 the Burton Mine exported 2.6 million tons of coal through the Dalrymple Bay coal terminal. The company states that the mine "is undergoing an extension that will allow Burton volumes to increase by 1 million to 2 million tons annually in 2012, with operations continuing through 2016."[1]
Burton's coal is shipped to utilities and steelmakers across three continents.[2]
In February 2016, Peabody Energy reported that it would be placing the mine on "care and maintenance" status by the end of 2016 due to high costs.[3] The mine was put into "care and maintenance in December 2016.[4]
Mine Data
- Owner: Peabody Energy
- Parent company: Peabody Energy
- Location: Queensland's Bowen Basin, Australia
- GPS coordinates:
- Production: 2.6 million tons (2008)
- Type of coal: Metallurgical/Thermal
- Mine type: Surface
- Equipment: Truck, shovel
- Number of employees:
- Recoverable Reserves: 35 million tons
Articles and resources
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References
- ↑ 1.0 1.1 Peabody Energy, "Peabody Energy to Acquire Thiess Investments' 5 Percent Interest in the Burton Mine", Media Release, June 29, 2011.
- ↑ "Queensland Operations" Peabody Energy Website, October 2009
- ↑ Ben Vevisohn, "Peabody Energy Plunges on Earnings Miss, ‘Challenging’ 2016," Barron's, February 11, 2016
- ↑ Mining Weekly, "New Hope's Lenton JV completes Burton Acquision" 27 November 2017