This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Centamin Egypt chairman steps down 2009-11-27 09:31 ET - News Release
Mr. Sami El-Raghy reports CENTAMIN EGYPT: ANNUAL GENERAL MEETING CHAIRMAN'S ADDRESS The following is the address of Sami El-Raghy, executive chairman of Centamin Egypt Ltd., at the annual general meeting held today in London, England.
"Fellow shareholders
"I would like to take this opportunity to advise that I will be standing down as the chairman of Centamin from Dec. 31, 2009, to pursue new personal endeavours and challenges. Over the last 16 years, Centamin has made the difficult transition from exploration to development and now production. It is with great pride that I leave Centamin in the capable hands of Josef, my son, who has demonstrated since joining the company in 2002 his ability to build and manage a highly successful and fast-growing gold mining business.
"The journey which Centamin embarked upon many years ago witnessed many challenges. When I took control of Centamin in 1993, the company was capitalized at less than half a million dollars, had nearly two million dollars in debt, had no projects and was as good as dead.
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