Australia: Denham-backed Pembroke Resources acquires Peabody's tenements for $76.3m

Australia: Denham-backed Pembroke Resources acquires Peabody's tenements for $76.3m

Image from Peabody's website.

Australia-based investment firm Pembroke Resources, backed by the world’s leading energy-focussed private equity firm Denham Capital, has taken control of Peabody Energy’s interest in undeveloped tenements in Queensland’s Bowen Basin for A$104 million ($76.3 million).

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