Peabody buys quarter interest in Paso Diablo

U.S. cola giant Peabody Energy (BTU-N) has completed its acquisition of a 25.5% satke in the Paso Diablo open-pit coal mine in Venezuela. The vendor, RAG Coal International, bagged US$32.5 million.Paso Diablo produces 6.5 to 7.0 million tonnes coal per...

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