Canadian gold company Argonaut Gold said president and CEO Larry Radford has resigned, effective immediately, for personal health reasons. He will continue as a member of the board of directors and chief advisor to the new CEO until January 22.
The miner’s board has appointed Richard Young as Radford’s successor. He brings more than 30 years of extensive experience in the gold industry to the role. Most recently, Young was the president and CEO of Teranga Gold, which was sold to Endeavor Mining in 2021.
“Larry stepped in during a challenging time for the company. Larry put in place an experienced construction team at Magino, developed a solid plan to bring Magino into production and ensured the company was on a solid financial footing,” said James Kofman, chairman of the board.
“Richard is an exceptional leader and seasoned CEO with a history of delivering results through strong execution and operational excellence. His experience at Teranga Gold in leading teams that built, commissioned and operated mines will be valuable to Argonaut.”
Kofman noted that Young joins Argonaut at a pivotal time with commissioning of the Magino mine in Ontario, Canada, scheduled for the second quarter of 2023.
Source: Argonaut Gold