Resolute Mining CEO Detained In Mali, Shares Crater
CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. What Happened: The executives traveled to Bamako, Mali's capital, for meetings with local mining and tax authorities to address concerns over the company's in-country practices.
Resolute Mining loses $500m after junta detains CEO in West Africa
A military junta has detained the CEO and two other executives of Australian gold miner Resolute Mining over a royalties dispute in the West African nation of Mali. Terry Holohan, CEO of West Australian-based Resolute, and two other staff were detained by Malian authorities on Friday following a meeting in the capital, Bamako.
Mali last month announced the nationalisation of the Yatela gold mine, a non-operating asset in which ...
Mali insiders say the military junta has no compunction about targeting staff at offshore miners operating in the ...
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