Centamin Reshuffles Board Amid Production Hitches At Sukari Mine

Egypt-focused gold miner Centamin (LON:CEY) (TSX:CEE) began the year with some key board changes by announcing Josef El-Raghy had moved from executive chairman to chairman, 16 years after becoming managing director.

The company, which closed 2018 with disappointing news related to its Sukari gold mine in Egypt, said El-Raghy will remain on the board while the search for a successor continues.

El-Raghy's intention to retire was first announced at the start of 2018, but Centamin has just hired expert help to assist in its search for a new non-executive chairman.