Costs hit nearly $US90 million (and counting)

The bewildering cost of backing out of a deal to buy some coal mines

Costs associated with Peabody’s decision to back out of their agreement to buy Anglo American’s Bowen Basin coal assets due to the gas ignition at Moranbah North have so far cost the company nearly $US90 million.

According to an end-of-calendar-year update released this week,