Overview

• 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.