Resolute Mining
Resolute Mining to fork out $247m to free boss, employees detained in Mali
Resolute Mining has inked an agreement to hand over the money to ensure the release of its chief executive and two staff being held by Mali’s military junta.
- Jesinta Burton
Latest
Aussie gold miner faces $250m demand from Mali as CEO detained
Mali is demanding Resolute Mining pay up to resolve a tax dispute after its government detained the gold miner’s chief executive, according to people familiar with the matter.
- William Clowes and Katarina Höije
- Updated
- Mining
Gold miner confirms CEO held by Mali’s military junta, shares slide
Close to $500 million have been wiped off the books of Resolute Mining after it confirmed CEO Terry Holohan and two other employees were being held by Mali’s military junta.
- Simon Johanson and Jesinta Burton
- Updated
- Gold
Australian gold miner Resolute’s CEO, executives detained in Mali
The detention of Terry Holohan and other company executives follows arrests in recent weeks in West Africa that have targeted fellow gold miner Barrick Gold.
- Paul-Alain Hunt, Katarina Höije and William Clowes
US-China trade fears send gold prices to record highs
The ASX dropped over 100 points at Monday's open, wiping off $30 billion in value, as trade tension weigh on sentiment, but boost gold prices.
- Lucy Battersby and David Scutt
Original URL: https://www.theage.com.au/topic/rsg-1b9