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Resolute Slumps After Mali Detains CEO in Spat Over Gold Revenue
Shares in Australia’s Resolute Mining Ltd. plunged more than 30% on Monday after the gold producer confirmed Chief Executive Officer Terry Holohan and two other employees were unexpectedly detained in Mali late last week.
Mali Detains Mining Executives Amid Growing Hostility Toward Foreign Firms
Mali’s military-led government has detained Terry Holohan, CEO of Australia’s Ltd. (ASX: RSG), along with two other company executives, marking a serious escalation in the
Resolute CEO detention in Mali comes amid West Africa mining squeeze
Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped governments seek to generate more revenue from their natural resources.
Resolute Mining CEO, Two Other Employees Detained by Officials in Mali
Chief Executive Terence Holohan and two other employees have been detained by government officials in Mali, where the Australian company runs gold-mining operations.
Mali detains top executive and 2 others from an Australian gold mining company over dispute
The military junta in Mali has arrested the top executive and two other employees of Australia’s gold mining company Resolute Mining while they were visiting the country for talks over an unspecified dispute,
Australian gold company confirms arrest of CEO, 2 executives in Mali
The three executives reportedly were taken to a unit specializing in the fight against corruption and economic and financial delinquency, and were placed in police custody
Resolute confirms CEO held in Mali amid “unsubstantiated claims”
RESOLUTE Mining confirmed its CEO Terence Holohan, and two company employees, were detained by government officials in Mali on Friday. “The executives were in Bamako to hold discussions with the mining and tax authorities regarding general activities related to the company’s business practices in Mali in addition to progressing open claims which have been made
Resolute Mining CEO Detained In Mali, Shares Crater
Resolute Mining CEO and executives detained in Mali while addressing concerns over in-country practices. Escalating risks for foreign mining operations.
Australia’s Resolute Mining CEO, Executives Detained in Mali
Terry Holohan, chief executive officer of Australian gold miner Resolute Mining Ltd., has been detained by the military-controlled government of Mali in West Africa, according to people with knowledge of the matter.
Mali junta detains 3 executives from gold mining firm Resolute
Three expat executives from Australian company Resolute Mining, which owns a gold mine in Mali, have been detained for questioning.
Australia's Resolute Mining confirms CEO and two other employees detained in Mali
Australian gold miner Resolute Mining confirmed on Sunday that the company's CEO Terence Holohan and two other employees have been temporarily detained by government officials in Mali.
5d
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Barrick sees deal with Mali over new mining code before year-end
Barrick Gold, the world's No. 2 miner, is confident of concluding talks for a new mining code with Mali's junta-led ...
2h
Mali Court Rejects Release Of Junta Critics
A Malian court on Tuesday rejected a request for the release of 11 junta critics who were arrested in June for "plotting against the legal authorities", a judicial source said.
Business Daily Africa
1d
Safaricom-backed MMF Mali tops Sh3bn in assets
Safaricom pocketed Sh11.6 million in revenues from Mali during the six months, an improvement from Sh6.2 million a year prior ...
LGBTQ Nation on MSN
2d
Mali lawmakers pass law to throw gay citizens in jail
The Justice Minister in Mali announced Thursday that the West African nation is moving forward with a law to outlaw ...
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2d
Why Ghana, Mali, others experience better electricity than Nigeria
The ANED official, who reaffirmed his position, claimed that because they pay for it, energy users in neighboring nations ...
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Resolute Mining
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