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Blair Athol

May 05, 2020
TerraCom tightens belt with Blair Athol fleet cuts

TerraCom tightens belt with Blair Athol fleet cuts

TerraCom will drop an entire truck and excavator mining fleet from its roster at the Blair Athol coal mine near Clermont as it cuts costs to weather the impacts of COVID-19. The company said it was now targeting production of about 2 million tonnes next financial year from the thermal coal operation and expected coal sales of 2.5-2.6 million tonnes for the year ending June 2020. Back in Feb...

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Feb 03, 2020
TerraCom in takeover bid for South African coal miner

TerraCom in takeover bid for South African coal miner

Blair Athol mine operator TerraCom has made a takeover bid for Universal Coal, offering a combination of cash and shares. The merged group would provide investors with scale and exposure to a portfolio of successful operating and geographically diverse coal production assets, TerraCom said. It comes after TerraCom in October announced the acquisition of about 104.5 million Universal securi...

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