- Another executive has departed Jupiter Mines (JMS), with Hans Mende stepping down from his role as Director
- Mr Mende was the shareholder representative of AMCI Group, and he’ll be replaced by AMCI Australia’s Managing Director, Patrick Murphy
- Jupiter also lost its CEO and Chair Priyank Thapliyal at the start of November and the business has now hired Korn Ferry to help find a replacement
- The company is also carrying out a strategic review of the business, including its Tshipi Manganese Mine in South Africa
- Jupiter Mines is trading up 1.35 per cent at 18.8 cents each
Jupiter Mines (JMS) Director Hans Mende has stepped down from his role, the latest in a string of resignations for the mining company.
The $362 million materials stock also lost its CEO and Chair Priyank Thapliyal at the start of November.
Latest resignation
JMS confirmed the resignations of Mr Mende on Wednesday morning, announcing Patrick Murphy as his replacement.
Mr Murphy is the Australian Managing Director of ACMI Group, a shareholder of Jupiter Mines, and will act as the company’s representative on the JMS Board.
Jupiter said Mr Mendes, who’s an owner of ACMI, remains committed to the company’s “continued success”.
His replacement, JMS said, was based in Sydney and has 14 years worth of experience as a mining professional.
Specifically, the company described Mr Mendes as being “skilled in deploying capital in raw materials and mining industries”.
Company update
Following the resignation of its CEO and Chair, the business has appointed Peter North and Scott Winter to step in as Acting Chair and Acting CEO.
The materials stock also hired Consulting Firm Korn Ferry to help find a replacement for the leader.
Additionally, Jupiter Mines announced today it would carry out a strategic review of the business — including its Tshipi Manganese Mine in South Africa.
Jupiter Mines was trading up 1.35 per cent at 18.8 cents each at 11:48 am AEDT.