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Resolute Halts Trading After CEO Detained by Mali Amid Tax Clash
Resolute Mining Ltd. halted trading after Mali demanded the Australian gold miner pay about $160 million to resolve a tax dispute that’s seen its chief executive officer detained.
Resolute Mining CEO Detained In Mali, Shares Crater
CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. What Happened: The executives traveled to Bamako, Mali's capital, for meetings with local mining and tax authorities to address concerns over the company's in-country practices.
Aussie gold miner faces $250m demand from Mali as CEO detained
Mali is demanding Resolute Mining pay up to resolve a tax dispute after its government detained the gold miner’s chief executive, according to people familiar with the matter.
Resolute Mining’s Australian shares suspended pending announcement
The Australian stock exchange stopped trading of Resolute’s shares at the company’s request on Thursday. The suspension will remain in place until November 18 or when the company makes an announcement, whichever comes first. Trading on the London Stock Exchange, which has different rules regarding suspension, is continuing as usual.
Resolute shares suspended after Mali demands $160m
Resolute Mining suspended trading after Mali demanded the Australian gold miner pay about $160-million to resolve a tax dispute that’s seen its chief executive officer detained. The company’s shares in Sydney were suspended pending an announcement,
Gold miner confirms CEO held by Mali’s military junta, shares slide
Resolute Mining’s shares have plunged after it said Terry Holohan and two other employees were being held by Mali’s military junta.
Resolute Mining Faces Challenge with Mali Detainment
Resolute Mining Limited (AU:RSG) has released an update. Resolute Mining Limited has confirmed the detention of its CEO, Terence Holohan, and
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.
Resolute Mining Shares Plunge After CEO Detained in Mali
Shares in Australia’s Resolute Mining Ltd. plunged more than 30% on Monday after the gold producer confirmed Chief Executive Officer Terry Holohan and two other employees were unexpectedly detained in Mali late last week.
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.
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”,
6h
Resolute Shares Suspended After Mali Demands $160 Million
Resolute Mining Ltd. suspended trading after Mali demanded the Australian gold miner pay about $160 million to resolve a tax ...
Mining
1d
Mali seeks $160 million from Resolute Mining after detaining its CEO
Mali
is demanding Australia’s Resolute Mining Ltd. pay about $160 million to resolve a tax dispute after the government ...
Hosted on MSN
9h
HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back
According to a report from Bloomberg, it appears Resolute Mining (ASX:RSG) CEO
Terry
Holohan
– recently detained by ...
1d
Mali detentions raise stakes in stand-off with global mining groups
Mali last month announced the nationalisation of the Yatela gold mine, a non-operating asset in which ...
Miningmx
1d
Bar raised on West Africa’s risk following executive arrests
On November 10, Resolute Mining confirmed its CEO
Terry
Holohan
had been detained by government officials in Bamako, ...
thedeepdive
2d
Mali Detains Mining Executives Amid Growing Hostility Toward Foreign Firms
Mali’s military-led government has detained Terry Holohan, CEO of Australia’s Ltd. (ASX: RSG), along with two other company ...
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