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 CEO still held in Mali, diplomatic sources say, as shares suspended
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. Resolute said on Sunday that Holohan and the two other employees had been temporarily detained by government officials in the military-led West African country.
Resolute Mining CEO, Two Other Employees Detained by Officials in Mali
Chief Executive Terence Holohan and two other employees have been detained by government officials in Mali, where the Australian company runs gold-mining operations.
Resolute Mining shares suspended as Mali keeps hold of Holohan
(Alliance News) - Resolute Mining Ltd shares were suspended from trading in Sydney on Thursday, with its chief executive officer still detained in Mali over a tax dispute with the government. Resolute Mining's stock fell 20% to 18.35 pence on Thursday in London, and has lost 46% over the last five days.
Resolute confirms CEO held in Mali amid “unsubstantiated claims”
RESOLUTE Mining confirmed its CEO Terence Holohan, and two company employees, were detained by government officials in Mali on Friday. “The executives were in Bamako to hold discussions with the mining and tax authorities regarding general activities related to the company’s business practices in Mali in addition to progressing open claims which have been made
Resolute Mining CEO Terence Holohan and executives detained in Mali as families wait for news
Three executives from Perth-based mining company Resolute Mining detained in Africa have not been harmed and are "being looked after," according to WA Premier Roger Cook.
Mali sovereign risk exemplified as Resolute Mining CEO, execs detained by authorities
Resolute Mining CEO Terence Holohan and two other executives have reportedly been detained by Mali's military junta government following discussions last week
Mali Junta Detains Resolute Mining Executives Amid Mining Sector Tension
Mali's military junta has detained three executives of Australia's Resolute Mining, including CEO Terence Holohan, amid an unspecified dispute. This arrest reflects ongoing tensions in Mali's foreign-dominated mining sector,
Resolute Mining CEO and executives detained in Mali
Nov 2024 - Resolute Mining (ASX:RSG) confirmed in an announcement this morning that CEO Terence Holohan and two other executives were detained in Mali after discussions with government officials.
Australian gold miner Resolute's shares sink after Mali detains CEO
Resolute Mining's shares fell by 32% on Monday, their worst trading day in 16 years, after top executives at the Australian gold mining company were detained as part of a crackdown on foreign firms in Mali.
Australian gold miner shares plunge after chief executive detained in Mali
Shares of Australian gold miner Resolute Mining plunged more than 30 per cent on Monday after the company said its chief executive Terence Holohan and two other employees had been detained in Mali. The Resolute executives were in the capital Bamako to discuss with officials “open claims made against Resolute” that the group “maintains are unsubstantiated”,
MARKET REPORT: Gold miner loses third of value after arrests
Terence Holohan (pictured) and two other executives were in Mali for talks with the local mining and tax authorities when ...
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Resolute Mining CEO Terry Holohan, executives detained in Mali
“(Resolute) confirms that the Company’s CEO, Terence Holohan, and two other employees, have been temporarily detained in ...