Board of Directors

Meet our AIC Resources Limited company directors.

Mr Josef El-Raghy – Non-Executive Chairperson

Mr Josef El-Raghy is currently Chairman of Centamin (LSE:CEY), a London listed gold producer with a market capitalisation in excess of one billion pounds (~A$1.8b). Josef joined Centamin as Managing Director in August 2002 when it was a junior ASX listed explorer with a market capitalization around A$120m. He oversaw the Company’s transition from junior explorer to successful developer and ultimately a producer listed on the main board of the London Stock Exchange (2009). First gold was poured at the Sukari gold mine in June 2009, with the declaration of commercial production in April 2010, making the Sukari gold mine the first modern gold mine in Egypt. The Sukari gold mine produces in the order of 500,000 ounces of gold per annum. To the end of CY2018, Centamin had paid (or declared) approximately A$632m (US$453m) in dividends to shareholders.

Josef was formerly a director of both CIBC Wood Gundy and Paterson Ord Minnett and had a ten-year career in stock broking. In addition to his direct management experience of project development and operation, his time at Centamin has also provided Josef with deep experience with international capital markets.

Mr Aaron Colleran – Managing Director and Chief Executive Officer

Mr Colleran was a founding member of the leadership team of Australian gold producer Evolution Mining Limited (ASX:EVN), having managed its business development and investor relations program from inception through to 2018. Originally an exploration geologist with Placer Dome Australia, he worked as a mining analyst with stockbroker Eyres Reed Limited before moving into investment banking with CIBC World Markets and Standard Bank Plc. In 2006 Mr Colleran set up a consultancy providing corporate advice to resource companies and worked closely with companies including Centamin Egypt Limited and Sino Gold Mining Limited. He joined Conquest Mining Limited in 2010 when it had a market capitalisation of $100 million and was instrumental in the multiple merger and acquisition transactions that created Evolution Mining, now one of Australia’s largest gold mining companies with a market capitalisation of $6.4 billion. Mr Colleran is also a Non-Executive Director of ASX-listed company Kidman Resources Limited.

Mr Brett Montgomery – Non-Executive Director

Mr Brett Montgomery has extensive experience in public company management, leadership, corporate governance and risk management in both executive and non-executive roles.

Brett is currently Non-Executive Director of ASX-listed companies Tanami Gold NL and Bard1 Life Sciences Limited. He was previously Managing Director of Kalimantan Gold NL, and Director of Grants Patch Mining Ltd, EZA Corporation Ltd and Magnum Gas and Power Ltd.

Mr Tony Wolfe – Non-Executive Director

Mr Wolfe was appointed to the Board of AIC Mines (formerly Intrepid Mines) as a Non-Executive Director on 25 November 2016. Mr Wolfe currently holds the position of Portfolio Manager for Brahman Capital Management Pte Ltd, focusing on equity event driven and special situation investments. Mr Wolfe has over 12 years’ experience in asset management with 10 years managing, researching and trading event driven and special situations portfolios across the Asia-Pacific region. Previously, Mr Wolfe was a Portfolio Manager at Brummer & Partners AG, a multi-strategy hedge fund that manages over US$15 billion of AUM. Mr Wolfe has also held senior portfolio management roles at Pengana Capital and Rubicon Asset Management in Sydney.