The company noted that European coal generation increased 13% in June over the last 12 months as a result of nuclear cutbacks, a knee-jerk reaction to nuclear power given the crisis at the Fukushima Daiichi plant in Japan, and higher gas prices, further feeding demand for coal.

FORBES: Peabody Loves The Coal Demand 'Supercycle': Q2 Profit Up 38%

The midfielder has not played this season because of a knee injury and will be given the start of next season to win himself a longer deal.

BBC: Johnston agrees new Killie deal