- Argonaut Gold (AR) has named Richard Young as its newest President, CEO and Director
- Outgoing President and CEO Larry Radford, will step down effective immediately for personal health reasons
- Young’s 30 years of experience in the gold industry include tenures with Barrick Gold, Teranga Gold and Gabriel Resources
- Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production
- Argonaut Gold (AR) opened unchanged, trading at $0.50 per share
Argonaut Gold (AR) has named Richard Young as its newest President, CEO and Director.
Outgoing President and CEO Larry Radford will step down effective immediately for personal health reasons. He will remain as Director and Chief Advisor to the CEO until January 22, 2023.
Young, CPA, has over 30 years of experience in the gold industry. He joined Barrick Gold in 1991, where he served in finance, operations, corporate development, investor relations and mine development.
He was also President and CEO of Teranga Gold, which was sold to Endeavor Mining in 2021. Prior to joining Teranga in 2010, he served as Vice President and CFO of Gabriel Resources for five years.
“Larry stepped in during a challenging time for the company. He 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,” stated James Kofman, Argonaut’s Chairman.
“Richard is an exceptional leader and seasoned CEO with a history of delivering results through strong execution and operational excellence,” he added. “His experience at Teranga Gold in leading teams that built commissioned and operated mines will be valuable to Argonaut. The Board is confident that Richard is the right leader for the company at a pivotal time, with the completion of the Magino Mine in 2023 as part of our transformative strategy that will drive long-term, sustainable value for our shareholders and all stakeholders.”
Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production. It holds four operating mines in Mexico and Nevada, with a fifth, Ontario’s Magino Mine, slated for commercial production in Q3 2023.
Argonaut Gold (AR) opened unchanged, trading at $0.50 per share.