Latest Terracom (ASX:TER) News

TerraCom’s securities will remain suspended from ASX quotation after the company failed to lodge its annual report for the year ended 30 June 2026. Reinstatement now depends on the report being filed and ASX considering it appropriate to resume trading.

TerraCom has been suspended from trading while it completes audited FY2026 results expected to include material impairments to its South African and Australian assets. The company has not yet disclosed the size or effect of those write-downs.

TerraCom signals operational recovery with improved coal sales guidance and cost reductions at Blair Athol, while advancing leadership appointments and strategic reviews.

TerraCom Limited announces the resignation of Managing Director Danny McCarthy effective 30 April 2026, with Chris Bourke appointed as interim CEO. McCarthy will support the transition until September 2026, while the Board confirms no changes to operational or strategic priorities.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

TerraCom Limited reported a significant half-year loss amid falling coal prices and production challenges, completing a $56 million capital raise to strengthen its financial position.

TerraCom Limited reported a stable operational quarter despite logistical challenges impacting coal shipments and cash flow, while successfully raising A$60 million to bolster liquidity. The Blair Athol mine life was extended to 2033, underpinning the company’s long-term outlook.

TerraCom Limited has successfully completed a $60 million entitlement offer, surpassing its initial $40 million underwriting and demonstrating strong support from substantial shareholders and management.

TerraCom Limited has announced a partially underwritten renounceable entitlement offer aiming to raise approximately A$60 million to bolster its financial position amid ongoing coal price pressures. Key directors have committed to participate, while substantial shareholder Orbit Marketing stands ready to underwrite a significant portion of any shortfall.

TerraCom Limited confirms stable mining operations at Blair Athol despite logistical hurdles, while launching a A$60 million capital raise to bolster liquidity amid shipment timing challenges.

TerraCom Limited anticipates delays in coal shipments from its Blair Athol Mine due to rail and supply chain constraints, potentially squeezing December quarter revenues and cash flow.

TerraCom Limited reported a robust September quarter with increased coal production and sales, particularly in South Africa and at its Blair Athol mine, while maintaining disciplined cost controls and deferring dividends amid soft coal prices.