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 detains top executive and 2 others from an Australian gold mining company over dispute
The three – including the chief executive Terence Holohan – were detained last Friday in Mali’s capital of Bamako. Andrew Wray, the company’s non-executive chairman, said in a statement published on Resolute Mining’s website that the three ...
Australian gold miner Resolute's shares sink after Mali detains CEO (Nov 10)
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.
Australia's Resolute Mining plunges after Mali detains CEO, two other employees
Resolute Mining shares plunge 32% in Australia as CEO and two others are arrested in Mali amid dispute with government, highlighting tensions with international miners.
Australian gold company confirms arrest of CEO, 2 executives in Mali
The three executives reportedly were taken to a unit specializing in the fight against corruption and economic and financial ...
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 ...
Australia's Resolute Mining confirms CEO and two other employees detained in Mali
Australian gold miner Resolute Mining confirmed on Sunday that the company's CEO Terence Holohan and two other employees have been temporarily detained by government officials in Mali.