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Mine president steps down.

AuRico Gold's president and CEO, Rene Marion, has tendered his resignation for health reasons effective Sept. 3.

Chief financial officer Scott Perry has been appointed president and CEO, while Russell Tremayne and Peter MacPhail will remain as the COOs of Mexico and Canada, respectively. Colin Benner has been appointed executive chairman and will work with the management team through the transition period.

Marion will remain with the company as a strategic adviser to the board of directors. He was appointed CEO in 2007 and under his leadership the company made significant acquisitions, including Northgate Minerals Corp.

The company owns the Young-Davidson gold mine in Matachewan, which achieved its first gold pour in the spring. It is expected to reach commercial production later this year
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Title Annotation:TEMISKAMING
Publication:Northern Ontario Business
Date:Aug 1, 2012
Words:124
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