20.4 C
New York
June 28, 2025
Africa Australia news Business Mali Mining news Perth World news

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

Australian goldminer to pay Mali 0m to free detained CEO and executives

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…

Related posts

Fighting on streets of Kharkiv, Ukraine’s second-largest city, as west bars Russian banks from Swift

TheWorldsNews

William and Kate: what matters is better future for people of Commonwealth

TheWorldsNews

Briton and Americans among 37 given death sentence over DRC coup attempt

TheWorldsNews

Pin It on Pinterest

Share This