Cluff Gold chief exec steps down

Algy Cluff will remain a consultant to the company he founded in 2003.

Algy Cluff becomes exec chairman as Peter Spivey takes the reins.

Cluff Gold chief executive Algy Cluff has stepped down from his role to take up the position of executive chairman.

Stepping up to take over the role of chief executive will be Peter Spivey, who is currently working at Cluff Gold as its chief operating officer. He will start his new role in January and will be based in west Africa.

Cluff Gold this week announced maiden profits of US$6 million (£3.8 million).

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