Resolute Shares Suspended as Mali Demands $160 Million
1 day ago · November 13, 2024 at 9:40 PM PST. Translate. 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 ...
Resolute CEO still held in Mali, diplomatic sources say, as shares ...
1 day ago · Resolute Mining CEO Terence Holohan and two other employees of the Australian company were still being detained in Mali on Thursday, two diplomatic sources there told Reuters.
Gold and grievances: Mali’s Junta detains Resolute CEO, seeks …
1 day ago · Mali is seeking a $160 million settlement from Resolute Mining Ltd. in a tax dispute. The CEO of Resolute Mining Ltd. and two other officials have been detained in Bamako since last week. Mali is increasing pressure on mining companies to revise economic agreements and increase the state's share of mining profits.
Mali seeks $160 million from Resolute Mining after detaining its …
2 days ago · Resolute CEO detention in Mali comes amid West Africa mining squeeze Resolute’s shares fell as much as 4.1% in Sydney on Thursday, taking its losses to more than 35% since news of Holohan’s ...
Resolute Halts Trading After CEO Detained by Mali Amid Tax Clash
1 day ago · The stock fell 8.1% during the trading session and has tumbled 40% since news of the detention of CEO Terry Holohan, along with two colleagues, became public at the weekend. The Mali government’s position is that Resolute – which operates the Syama gold mine – should pay the state 100 billion CFA francs ($162 million) to settle a dispute ...
Mali Seeks $160 Million From Resolute After Detaining Gold CEO
2 days ago · 2:01. Mali is demanding Resolute Mining Ltd. pay about $160 million to resolve a tax dispute after the government detained the Australian gold producer’s chief executive, according to people ...
Resolute Mining’s Australian shares suspended pending …
1 day ago · In its 2022 financial report, Resolute said it was contesting demands from Mali’s tax authorities for additional payments worth more than $100mn on taxes between 2015 and 2021.
Mali detentions raise stakes in stand-off with global mining groups
2 days ago · Mali detentions raise stakes in stand-off with global mining groups. Resolute Mining chief and colleagues held as junta squeezes gold producers for greater share of profits. Resolute’s chief ...
Mali detains top executive and 2 others from an Australian gold …
4 days ago · YAOUNDE, Cameroon (AP) — 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, the company said Monday.. The three – including the chief executive Terence Holohan – were detained last Friday in Mali’s capital of Bamako.
Resolute Slumps After Mali Detains CEO in Spat Over Gold Revenue
4 days ago · 3:51. Australia’s Resolute Mining Ltd. plunged by a third after its chief executive was detained in Mali by a military government that’s seeking a greater share of resource revenues. Mali is ...
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