Peabody Energy cancels Tinkler's coal mine sale

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (NYSE:BTU) has cancelled its $130M sale of its Australian Wilkie Creek coal mine to former billionaire Nathan Tinkler.

Tinkler's Bentley Resources missed several payment installments since agreeing to the cash-and-debt deal in May.