Mining Company Whose C.E.O. Was Detained Agrees to Pay Mali $160 Million
Three executives of the Australian company Resolute Mining were arrested this month. Mali, a major African gold producer, has been trying to increase its share of mining profits lately.
Resolute Mining to Pay Mali $160 Million in Tax Dispute
The Australian miner agreed to settle a tax dispute as it seeks to secure the release of its chief executive and two other employees detained in the West African country.
Resolute Mining agrees to pay $160m to Mali as CEO, employees remain detained
Australia's Resolute Mining said on Monday that it would pay $160-million to Mali's government to help resolve a tax dispute after the West African country detained its CEO Terence Holohan and two other employees this month.
Mali wins $160m in gold mining dispute after detaining British businessman
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.
Resolute Mining shares suspended in Australia as Mali government seeks $160M
Trading in Resolute Mining ( OTCPK:RMGGF) ( OTCPK:RMGGY) was suspended in Australia on Thursday as Mali's government demanded the company pay more than $160M to resolve a tax dispute that has resulted in the arrest of CEO Terence Holohan.
Resolute Mining to pay Mali $160 million to resolve tax dispute, free staff
Australia's Resolute Mining said on Monday that it would pay $160 million to Mali's government to help resolve a tax dispute after the West African country detained its CEO Terence Holohan and two other employees this month.
Resolute Mining Says CEO, Employees Released From Detention in Mali
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 CEO, two others released by Mali government after $160M payment
Resolute Mining (OTCPK:RMGGF) (OTCPK:RMGGY) said Thursday its CEO Terence Holohan and two other employees, who were detained by the Mali government earlier this month, have been released from the country.
Resolute Mining's CEO and two executives released by Mali government
Australia's Resolute Mining said on Thursday its CEO Terence Holohan and two other employees, who were detained by the Mali government earlier this month, have been released from the country. Resolute
Mali releases Resolute executives following $160 million deal
Australia's Resolute Mining announced on Thursday that the Malian government released its CEO, Terence Holohan, and two other employees after they were detained earlier this month. ・Resolute Mining CEO and two other employees have been released by Malian government after detainment,
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Mali: CEO and Executives of Resolute Mining Leave after Tense Negotiations
On November 8, 2024, the Malian government detained three executives from Resolute Mining, including CEO Terence Holohan, amid allegations of tax irregularities. The owner of the Syama gold mine has ...
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Resolute Mining to pay $160m to settle Mali tax dispute after CEO’s detention
The company has paid $80m (A$122.97m) to the government from cash reserves, with another $80m over the coming months.
Mali releases Resolute Mining CEO and other executives after $US160 million ransom paid
In a statement, the mining company confirmed "all three employees are safe and well and have departed the country".
Resolute Mining to Pay Mali $160 Million Over Tax Dispute
Resolute Mining Ltd. will pay the Mali government about $160 million as it seeks to reolve a tax dispute that’s seens its ...