Board of Directors

Josef El-Raghy – Non-Executive Chairperson

Mr El-Raghy has extensive experience in developing and managing gold companies. Most recently, Mr El-Raghy was Chairman of Centamin plc, a gold mining company listed on the Main Board of the London Stock Exchange and also the Toronto Stock Exchange. Mr El-Raghy joined Centamin as Managing Director in August 2002 and oversaw the company’s transition from junior explorer to successful gold miner. During Mr El-Raghy’s tenure the company successfully financed and developed the world-class Sukari Gold Mine, the first large scale modern gold mine in Egypt. The mine began production in 2009 and is now a successful open pit and underground operation with a production rate of approximately 500,000 ounces of gold per annum.

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


Aaron Colleran – Managing Director and Chief Executive Officer

Mr Colleran has extensive experience in public markets mergers and acquisitions and strategic planning. Prior to joining AIC, Mr Colleran was a founding member of the leadership team of Australian gold producer Evolution Mining Limited, having managed its business development and investor relations program from inception through to 2018. He was instrumental in the multiple merger and acquisition transactions that created Evolution Mining, now one of Australia’s largest gold mining companies.

Originally an exploration geologist, 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.


Brett Montgomery – Non-Executive Director

Mr Montgomery has extensive experience in public company management, leadership, corporate governance and risk management in both executive and non-executive roles. Mr Montgomery is currently Non-Executive Director of ASX-listed company Tanami Gold NL. He was previously Managing Director of Kalimantan Gold NL, and a Director of Bard1 Life Sciences Limited, Grants Patch Mining Ltd, EZA Corporation Ltd and Magnum Gas and Power Ltd.


Tony Wolfe – Non-Executive Director

Mr Wolfe is a Portfolio Manager with Brahman Capital Management Pte Ltd, one of AIC Mines’ major shareholders, based in Singapore. At Brahman, Mr Wolfe focuses on equity event driven and special situation investments. Mr Wolfe has extensive experience in asset management having managed event driven and special situations portfolios across the Asia-Pacific region. Mr Wolfe was previously a Portfolio Manager at Brummer & Partners AG, a multi-strategy hedge fund, and has also held senior portfolio management roles at Pengana Capital and Rubicon Asset Management in Sydney.