Australian goldminer to pay Mali $160m to free detained CEO and executives

Australian goldminer to pay Mali $160m to free detained CEO and executives

Mining, Mali, Perth, Australia news, Business, World news, Africa Business | The Guardian

​Group were held after a meeting about what mining firm referred to as unsubstantiated claims regarding taxes and leviesAn Australian goldmining company has agreed to pay $160m ($A247m, £126m) to Mali’s government after the west African country’s junta detained its chief executive and two other employees.Resolute Mining’s chief executive, Terence Holohan, and the other two employees were detained on 8 November in Mali’s capital, Bamako, at the end of a meeting with government officials over tax and other state claims that the miner had previously said were “unsubstantiated”. Continue reading… 

Group were held after a meeting about what mining firm referred to as unsubstantiated claims regarding taxes and levies

An Australian goldmining company has agreed to pay $160m ($A247m, £126m) to Mali’s government after the west African country’s junta detained its chief executive and two other employees.

Resolute Mining’s chief executive, Terence Holohan, and the other two employees were detained on 8 November in Mali’s capital, Bamako, at the end of a meeting with government officials over tax and other state claims that the miner had previously said were “unsubstantiated”.

Continue reading… 

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