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Peabody Energy developed two coal strip mines on the Black Mesa reservation: the Black Mesa Mine and the Kayenta Mine. The company pumped water from the underground Navajo Aquifer for washing coal, and, until 2005, in a slurry pipeline operation to transport extracted coal 273 mi (439 km) to the Mohave Generating Station in Laughlin, Nevada.
The Kayenta mine was a surface coal mine operated by Peabody Western Coal Company, a subsidiary of Peabody Energy) on the Navajo Nation in northern Arizona from 1973 to 2019. [1] About 400 acres were mined and reclaimed each year, providing about 8 million tons of coal annually to the Navajo Generating Station .
The Peabody Energy company was founded as Peabody, Daniels & Company in 1883 by Francis Peabody, the son of a prominent Chicago lawyer, and a partner. [12] The company bought coal from established mines and sold it to homes and businesses in the Chicago area.
Coal is not sexy, but the world still needs stable base load electricity generation. On the surface Peabody Energy's latest quarterly earnings look quite poor with a loss of $0.10 per share. The ...
Peabody Energy announced today it had come to terms with Patriot Coal and the United Mine Workers of America to reach a settlement with retirees following the bankruptcy of Patriot. Patriot sought ...
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Since the 1960s the mesa has been strip mined for coal by the Peabody Western Coal Company, stirring a controversy over Peabody Energy's use of groundwater to transport coal. In 2013, the Climate Justice Alliance (CJA), collaborating with the Black Mesa Water Coalition, held their first national gathering in opposition to the strip mining of ...
The Peabody Energy (BTU), Arch Coal (ARCH) joint venture can deliver results as decline in cost of operation will make it more competitive against natural gas and renewable sources of energy.