AIC Mines (ASX: A1M)

Announced the appointment of Clint Donkin as Managing Director and Chief Executive
Officer with effect from 31 October 2026 or such earlier date as agreed. 

At the same time, the current Non-Executive Chairman, Josef El-Raghy, will retire from the Board after having served nine years in the role.

 

 

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	AIC Mines	ASX: A1M
	Stage	Production, development
	Metals	Gold, copper
	Market Cap	A$459 Million   @ A$0.62
	Location	Queensland, Australia
	Website	www.aicmines.com.au/

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AIC Mines Announce a New MD as Joseph El-Raghy Retires

 

 

 

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AIC Mines Limited (ASX: A1M) (“AIC Mines” or the “Company”) is pleased to announce the appointment of Clint Donkin as Managing Director and Chief Executive Officer with effect from 31 October 2026 or such earlier date as agreed.

Following the commencement of Mr Donkin, the Company’s current Managing Director, Aaron Colleran, will transition to the role of Non-Executive Chairman.

At the same time, the current Non-Executive Chairman, Josef El-Raghy, will retire from the Board after having served nine years in the role. 

The appointment of Mr Donkin strengthens the Company’s operational capability while retaining the corporate knowledge and strategic leadership of Mr Colleran through the Chairmanship.

The transition represents a strategic evolution of the Company’s leadership structure as it progresses from a period of strong organic growth towards production ramp-up, operational improvement and inorganic growth.

 

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Appointment of Managing Director 

Mr Donkin is an experienced mining executive with broad operational, technical and
strategic leadership exposure across Australia, Africa, and South America.

His background spans large-scale copper operations, operational transformation,
business improvement, technology integration, and executive oversight of complex
mining assets.

During his career, Mr Donkin has held senior executive positions with Glencore PLC
and Ausenco Pty Ltd. At Glencore, he has held the position of Head of Copper – Africa
Region, Chief Technology Officer, and most recently Head of Joint Ventures – Copper
South America.

 

 

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Comment from Incoming Managing Director, Clint Donkin,

“I am delighted to be joining AIC Mines at such an exciting point in its development.

 

“The Company has built an enviable reputation for delivering on promise and this will remain a focus, while also considering opportunities to further improve production and reduce costs at Eloise.

 

“I look forward to working closely with the Board, our employees, and stakeholders to continue to build the Company and deliver sustainable, long-term shareholder value.”

 

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To read the full news release please click HERE

 

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Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

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Disclosure

At the time of writing the author holds shares in AIC Mines.

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