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Jupiter Mines (ASX: JMS) loses another leader – Market Herald

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  • Another executive has left Jupiter Mines (JMS) and Hans Mende has resigned from his role as a board member.
  • Mr. Mende is the shareholder derivative of the AMCI Group and will replace Patrick Murphy, Managing Director of AMCI Australia.
  • Jupiter also lost CEO and Chair Priyank Thapliyal in early November, and the business is now hiring Korn / Ferry to find alternatives.
  • The company is also conducting a strategic review of its business, including the Tshipi manganese mine in South Africa.
  • Jupiter mines are up 1.35 percent at 18.8 cents each

Hansmende, director of Jupiter Mines (JMS), has resigned from his role, the latest in a series of resignations from the mining company.

The $ 362 million material stock also lost CEO and Chair Priyank Thapliyal in early November.

Latest resignation

JMS confirmed Mr Mende’s resignation Wednesday morning and announced Patrick Murphy as his successor.

Murphy is Australia’s Managing Director of the ACMI Group, a shareholder of Jupiter Mines, and represents the company on the JMS Board of Directors.

Jupiter said ACMI owner Mendes continues to work on the company’s “continuing success.”

His successor is based in Sydney and has 14 years of experience as a mining expert, JMS said.

Specifically, the company described Mendes as “having the skills to invest capital in the raw materials and mining industry.”

Company updates

Following the resignation of the CEO and Chair, the company has appointed Peter North and Scott Winter as Deputy Chair and Deputy CEO.

Material Stock also hired consulting firm Korn / Ferry to help find a replacement for the leader.

In addition, Jupiter Mine today announced that it will conduct a strategic review of its operations, including the Tshipi Manganese Mine in South Africa.

The Jupiter mine was up 1.35 percent at 11:48 AM AEDT at 18.8 cents each.



Jupiter Mines (ASX: JMS) loses another leader – Market Herald

Source link Jupiter Mines (ASX: JMS) loses another leader – Market Herald

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