Seeking Alpha

Richmont Mines announces departure of CEO Carmel

  • Richmont Mines (RIC) says President and CEO Paul Carmel has been relieved of his duties effective immediately, to be replaced on an interim basis by board member Elaine Ellingham.
  • Carmel has led RIC for two years; Ellingham has held senior positions at several mining companies as well as at the Toronto Stock Exchange.
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