Paul R. Carmel Appointed SIDEX President and CEO

Paul R. CarmelThe SIDEX Board of Directors has announced that Paul R. Carmel will succeed Michel Champagne as President and CEO. Mr. Carmel will officially take over the reins on September 1.

Until then, Michel Champagne will continue at the helm.

“I first wish to applaud Michel Champagne, who expertly led the organization for almost 20 years and who has made SIDEX a key player in the mining sector’s financing ecosystem,” said Board Chair Élaine C. Phénix. “To ensure continuity and make SIDEX ever more relevant to the industry, we needed an experienced leader. Given his impressive career and solid reputation, Paul Carmel was the right choice, and we’re pleased to have him join a seasoned team dedicated to meeting the needs and challenges of the mining industry today and in the future.”

A graduate in mining engineering from McGill University, Paul Carmel has over 30 years of experience in the mining industry.

He has held senior management and director positions with mining companies, investment banks and private equity firms.

Before joining SIDEX, he was Board chairman of Orbit Garant, a firm specializing in drilling services, and Mason Graphite, a mining company developing a graphite deposit on the Côte-Nord.