Exhibit 12

PEABODY ENERGY CORPORATION

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(IN MILLIONS)

	Year Ended December 31, 2007		Year Ended December 31, 2008		Year Ended December 31, 2009		Year Ended December 31, 2010		Year Ended December 31, 2011		Six Months Ended June  30, 2012
Income from Continuing Operations Before Income Taxes	$	362.8	$	1,065.2	$	629.4	$	1,142.0	$	1,373.7	$	433.8
Interest Expense		235.8		227.0		201.1		222.0		238.6		208.9
Interest Portion of Rental Expense		31.4		40.1		37.8		42.1		52.7		29.2
Adjusted Earnings	$	630.0	$	1,332.3	$	868.3	$	1,406.1	$	1,665.0	$	671.9
Interest Expense	$	235.8	$	227.0	$	201.1	$	222.0	$	238.6		208.9
Interest Portion of Rental Expense		31.4		40.1		37.8		42.1		52.7		29.2
Adjusted Fixed Charges	$	267.2	$	267.1	$	238.9	$	264.1	$	291.3	$	238.1
Ratio of Earnings to Fixed Charges		2.36		4.99		3.63		5.32		5.72		2.82