Shareholder representative of AMCI Group Hans Mende has stepped down as director of ASX-listed Jupiter Mines and will be succeeded by AMCI Australia MD Patrick Murphy.
As an owner of AMCI, and a longstanding shareholder in the company, Mende has assured that he remains committed to Jupiter’s continued success.
Murphy, meanwhile, is an experienced mining professional, having spent over 14 years with AMCI and Macquarie. He is skilled in deploying capital in raw materials and mining industries, and in identifying and executing value-enhancing initiatives.
Jupiter has appointed Scott Winter and Brian Beem as its nominees to the board of South African manganese mining subsidiary Tshipi é Ntle Manganese Mining, with Peter North and Murphy as their alternates, respectively.
Jupiter on December 1 reiterated its commitment to growing shareholder value and said it has been actively reviewing the company’s strategy while initiating a “robust search process” with management consultancy Korn Ferry to appoint a new chairperson and CEO.
Jupiter’s strategy will continue to prioritise maximising value and cash returns from its participation in the world-class Tshipi operation, while evaluating “attractive opportunities” to grow and diversify.