Mining Operation Set to ClosePosted: Updated:
Missouri-based Peabody Energy Inc. (NYSE: BTU) is planning to end operations at a Daviess County coal mine. In notices to the state, the company expects reserves to run out at the Viking Mine in Cannelburg around the end of the year. The resulting closure could result in nearly 90 workers losing their jobs.
The employees work for Peabody Indiana Services LLC and Peabody Midwest Management Services LLC.
Peabody has additional operations in Sullivan, Warrick and Gibson counties.
Sources: The Indiana Department of Workforce Development, Peabody Energy Inc.