RESOLUTE Mining said on Thursday its CEO Terry Holohan and two other employees had been released from the Economic and Financial Centre of Bamako, in Mali. This ends a 10-day ordeal for Holohan and his colleagues who were detained by Mali government officials on November 10 following negotiations around tax claims Resolute said at the

Three Resolute Mining workers — including chief executive Terry Holohan — have been freed by the ruling military junta in Mail after the gold producer stumped up a massive tax demand.

Resolute Mining chief executive Terry Holohan and two colleagues have been released from detention in Mali after the company agreed to pay the military junta that runs the West African nation almost $250m.

In a bid to free three of its executives who have been detained in Mali over a tax dispute, Resolute Mining agrees to pay $US160 million ($242 million) to the African country's government.

The Mali military administration has released three executives of an Australian mining firm arrested earlier this month, officials confirmed to Anadolu. Alexandre Goita, special adviser at Mali’s Mining Ministry, said Resolute Mining Ltd.'s Managing Director Terry Holohan and two other employees had been set free on Thursday.

Resolute Mining Ltd. suspended trading after Mali demanded the Australian gold miner pay about $160 million to resolve a tax dispute that’s seen its chief executive officer detained.

An Australian mining company, Resolute Mining, says it will pay Mali's military government $160m (£126m) to settle a tax dispute, after the company's British boss and two other staff were unexpectedly detained 10 days ago.

The three executives, including chief executive officer Terry Holohan, were freed from detention on Wednesday after Resolute struck a $160 million deal with the government, according to the report. The release came after the signing of a memorandum of understanding between the two parties, it added, citing the judicial source.

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

The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold prices hover near record highs.

Resolute Mining Ltd. said Chief Executive Officer Terry Holohan and two other employees have been released from detention in Mali, just days after the gold mining company agreed to pay about $160 million to resolve a tax dispute with the government.