Alamos appoints new chairperson
TORONTO (miningweekly.com) – TSX- and NYSE-listed midtier gold miner Alamos Gold on Monday announced that it had appointed Paul Murphy nonexecutive chairperson of the board to replace Mark Wayne, who tendered his resignation at the company’s annual general meeting last Wednesday.
Wayne was one of the longest-serving directors of the company and played an instrumental role in providing leadership and vision to Alamos during a critical period in the company’s history as it first transitioned to an intermediate gold producer.
Murphy had been a director of Alamos and the company’s audit committee chairperson since 2010.
Previously, Murphy was the national mining leader of PwC between 2004 and April 2010, and a partner of the professional services firm since 1981.
Throughout his career, Murphy had worked mainly in the resource sector, including with several major international mining and oil and gas companies. Murphy obtained a Bachelor of Commerce degree from Queen’s University and obtained his chartered accountant designation in 1975.
“Paul’s extensive knowledge of the resources industry, finance and listed company governance makes him exceptionally well qualified to lead the Alamos board, helping to deliver long-term, sustainable returns for the company’s shareholders,” Alamos president and CEO John McCluskey said.
Alamos operates the flagship Mulatos mine, in Mexico, considered to be one of the world’s lowest-cost precious metals operations.
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