Resolute Mining CEO Detained in Mali Over Government Dispute

Executives of the Australian-based gold mining company are held by Mali's military junta amid rising tensions in the country's mining sector.

The detention of CEO Terence Holohan and two other executives occurred after discussions with Mali's mining and tax authorities.
Resolute Mining, which owns an 80% stake in the Syama gold mine, describes the claims against it as 'unsubstantiated.'
The situation highlights ongoing tensions between Mali's military government and foreign mining companies operating in the region.
Resolute's shares have plummeted significantly following the news, reflecting investor concerns over the company's operations in Mali.
Efforts to secure the release of the executives involve international embassies, including the UK, as the company seeks a resolution.