21st Nov 2024 11:54
Resolute Mining Ltd - Africa-focused mining firm with projects in Mali and Senegal - Celebrates the release of its Chief Executive Officer Terence Holohan as well as two employees from detainment in Mali. They had been detained in the country since last week over a tax dispute. The three are safe, well and have departed the country, Resolute says. On Monday, the Perth, Australia-based firm said it executed a memorandum of understanding with the Malian government amid a tax row and employee safety concerns. The MoU, expressed as a signed protocol, sets the framework for the firm's future operations in the country, with regard to both maintaining the safety of its employees and the migration of its assets in Mali to the 2023 Mining Code.
Current stock price: 21.55 pence each, down 3.4% late Thursday morning in London
12-month change: up 13%
By Tom Budszus, Alliance News slot editor
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