Mineral Resources has revealed it was non-compliant with ASX listing rules for six days this month, following the resignation of three directors who were on its audit and risk committee.
All three members of Mineral Resources' ethics committee formed in the wake of Chris Ellison's tax scandal have resigned, after Denise McComish became the third director to exit in a week.
Mineral Resources has shocked the market by announcing that independent directors Jacqueline McGill and Susie Corlett – both members of its new ethics committee – have resigned from the board.
Corporate regulator ASIC, giant superannuation fund HESTA and ratings agency Moody's are among groups continuing to apply pressure to MinRes over its governance standards and financial health.
Mineral Resources has recruited Professor Colleen Hayward as a non-executive director, making it one of the few major ASX companies to have an Aboriginal person on its board.
Force Commodities has appointed London-based metals trading and marketing specialist, Simon Grant-Rennick, to assist in discussions with global commodity trading groups in London,
Susie Corlett has resigned as non-executive director of ABM Resources. Ms Corlett was a nominee of Pacific Road Capital Management, ABM's largest shareholder.
