Brian Gilbertson will take over as acting chief executive officer of Jupiter Mines, which re-listed on the Australian Securities Exchange (ASX) last month.
In unfortunate news, Jupiter CEO Priyank Thapliyal has been hospitalised for an unforeseen medical condition relating to gallstone induced pancreatitis.
The company has been advised that Thapliyal’s condition is likely to persist for some time and will require an extended recovery period.
“He is expected to make a full recovery in due course, but is unlikely to be able to resume his heavy work and travel schedule until then,” Jupiter reported in an ASX announcement.
As an interim measure, Gilbertson, also Jupiter’s chairman, will be appointed acting CEO and assume Thapliyal’s executive responsibilities until a full recovery has been made.
Jupiter resumed trading on the ASX on April 18. The company’s $240 million initial public offering (IPO) was the largest for a mining company since BHP spin-off South32 listed in 2015.
The company owns the Tshipi manganese mine in South Africa and the Central Yilgarn iron ore project in Western Australia.