Sphere appoints new MD

Company News

Iron ore miner Sphere Minerals Limited (ASX:SPH) has appointed Jonathon Romcke as its new Managing Director after Mark Eames resigned late last month.
 
The company is a subsidiary of Swiss-based mining giant Glencore and says the appointment will take effect immediately.
 
Mr Romcke has been a project manager for the company’s El Aouj division and was recently appointed to the board of directors.
 
The company says that as a Glencore employed Executive Director, Mr Romcke will not receive separate remuneration from Sphere.
 
Sphere Minerals reported a net loss of $380 million in the 2014 calendar year.

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