Celeste has been the CFO of the company since September 2020, and will be replaced by Megan Etcell.
TerraCom Resources has announced that its Australia CFO, Celeste van Tonder, will now focus on the company’s South African operations in the role of CFO. The mining company has also appointed Megan Etcell as its interim CFO for its Australia operations, replacing Celeste.
Celeste, a qualified CA, joined TerraCom following the acquisition of Universal Coal in June 2020, where she held the role of CFO for over three years. She was subsequently appointed as the company’s CFO in September 2020.
Prior to joining Universal Coal, Celeste held the group business development and investor relations manager position at Coal of Africa (now MC Mining).
Megan joined the company in November 2019 as company secretary and started in the role of executive general manager of corporate affairs in September 2020. She has held senior roles within the coal mining industry, working for NuCoal Resources in various capacities, including as CFO.