Detour Gold reports FY results, Gowans quits as chair

Canadian midtier gold producer Detour Gold on Thursday reported weaker adjusted full-year earnings and announced that James Gowans had resigned as chairperson with immediate effect. The miner, which recently emerged from a proxy battle with Paulson & Co, said Gowans had resigned to focus on other professional commitments. He was originally appointed to the board in August last year, and was named chairperson subsequent to the December 2018 proxy vote.