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A service for investment professionals · Thursday, November 21, 2024 · 762,576,524 Articles · 3+ Million Readers
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Mali Investing Newswire

  • Published on 11:58 GMT

    Resolute Mining boss freed after Mali dispute

    The boss of a London goldminer who was being held in Mali over a dispute with the government has been freed three days after agreeing to pay $160 million to the state. Terence Holohan, the chief executive of Resolute Mining, has been released along with …

    Source: The Times - Center-right
  • Published on 09:59 GMT

    Resolute CEO released by Mali ending 10-day ordeal

    RESOLUTE Mining said on Thursday its CEO Terry Holohan and two other employees had been released from the Economic and Financial Centre of Bamako, in Mali. This ends a 10-day ordeal for Holohan and his colleagues who were detained by Mali government …

    Source: Miningmx - Label Pending
  • Published on 04:06 GMT

    Gold’s Record Move:Why Investors are Rethinking ETFs and Equities

    Gold hit a nominal high of well over US$2,600/oz after rising 13% in the first half of 2024 and 14% since the end of September, making it one of the best-performing assets of the year (+28%), outperforming the two main US equity benchmarks: NASDAQ and …

    Source: The Assay - Label Pending
  • Published on Nov 19, 2024

    Australian gold miner to pay Mali €152 million to free detained staff

    Resolute Mining's CEO and two other employees were arrested in the Malian capital in early November after meeting with tax and mining authorities. An Australian gold mining company has agreed to pay Mali's military government $160 million (€152 …

    Source: Euronews - Neutral
  • Published on Nov 18, 2024

    Gold miner pays Mali government £127m after arrest of its boss over tax dispute

    By JESSICA CLARK Updated: 17:00 EST, 18 November 2024 An Anglo-Australian gold miner has agreed to pay £127million to the Mali government to settle a tax dispute that led to the arrest of the firm’s British boss. Resolute Mining has handed over £63million …

    Source: Daily Mail - Right-wing
  • Published on Nov 18, 2024

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

    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 …

    Source: The Guardian - Center-left
  • Published on Nov 19, 2024

    Resolute Mining makes initial $80 million payment to Mali Government

    Resolute Mining Ltd (ASX:RSG, LSE:RSG) has signed a memorandum of understanding known as the ‘protocol’ with the Government of Mali, setting a framework for discussions about the long-term future of its operations in Mali. This includes transitioning the …

    Source: Proactive Investors - Neutral
  • Published on Nov 18, 2024

    Mali wins $160m in gold mining dispute after detaining British businessman

    An Australian mining company, Resolute Mining, says it will pay Mali's military government $160m (£126m) to settle a tax dispute, after the company's British boss and two other staff were unexpectedly detained 10 days ago. Reports say Terry Holohan …

    Source: BBC - Public Broadcaster
  • Published on Nov 18, 2024

    Resolute Mining to pay Mali govt $160m after CEO, execs detained

    The Perth-based miner said it had paid an initial $80m to Mali's government from existing cash reserves “with future payments of approximately $80m to be made in the coming months from existing liquidity sources”. Malian authorities are currently …

    Source: ShareCast - Label Pending
  • Published on Nov 18, 2024

    Goldminer Resolute agrees to pay $160m after Mali detains chief executive

    A London-listed goldminer said it would pay $160 million to the government of Mali to help to resolve a tax dispute that has led to its boss and two other executives being detained there. Resolute Mining has signed a memorandum of understanding to settle …

    Source: The Times - Center-right
  • Published on Nov 18, 2024

    Afriland First Bank Invests CFA26bn to Launch Operations in Mali 

    (Business in Cameroon) - Afriland First Bank is taking a significant step in expanding its presence in West Africa. Through its holding company in Togo, Afriland has invested CFA26 billion to establish a new bank in Mali. The financial group has submitted …

    Source: Business in Cameroon - Neutral
  • Published on Nov 18, 2024

    Mali secures $160m settlement from Resolute Mining in tax dispute

    Australian gold miner Resolute Mining has agreed to pay Mali’s military-led government $160 million (£126m) to resolve a tax dispute, following the detention of the company’s British CEO and two colleagues. The trio, including CEO Terry Holohan, were …

    Source: Africanews - Neutral
  • Published on Nov 18, 2024

    Closing Bell: Uranium stocks jump on Russia news; Resolute pays $160m to settle Mali dispute

    ASX up as mining gains offset tech and bank losses Silex, Paladin and uranium stocks soar on supply squeeze Goldman cuts Aussie GDP forecast as US tariffs loom   After a soft start to the day, the ASX bounced back and closed the day 0.3% higher on Monday, …

    Source: Stockhead - Neutral
  • Published on Nov 18, 2024

    ‘Town’ must invest to progress

    There is a lovely story from Ipswich Town’s glory days 50 years ago and the two much loved owner/directors the Cobbold brothers. Following a bad spell of results the brothers were asked what they were going to do about the crisis? “Crisis, what crisis …

    Source: Trinidad Express - Neutral
  • Published on Nov 18, 2024

    Resolute Mining down 10% on first US$80M payment to Mali’s government

    Join our daily newsletter At The Bell to receive exclusive market insights Resolute Mining (ASX:RSG) – the miner whose CEO was recently detained in Mali by its junta government – has paid up its first US$80 million. According to Cboe Live pricing at 10. …

    Source: The Market Herald - Neutral
  • Published on Nov 20, 2024

    Gold Miners: Jurisdictional, Balance Sheet Risks Still Loom Large for the Sector

    Jurisdictional risk is any additional risk that arises from doing business in a foreign country. The problem with this type of risk is that when it materialises, it does so without warning. As exemplified by two recent events, jurisdictional risk for gold …

    Source: Investing - Neutral
  • Published on Nov 16, 2024

    WAEMU Market: Ivorian Investors Lead Togolese Domestic Debt Holdings

    (Togo First) - From January to September 2024, Côte d'Ivoire financed the Togolese economy with CFA513 billion. According to the latest data from the WAEMU Securities market, this amount represented 24.8% of Togo’s domestic debt holdings. Ivorian …

    Source: Togo First - Uncategorized
  • Published on 12:49 GMT

    Desert-to-Power initiative seeks project coordinator

    The African Development Bank’s (AfDB) Desert-to-Power (DtP) initiative, which aims to install 10 GW of solar across 11 Sahel countries by 2030, is hiring a project coordinator. The application deadline is Dec. 20. November 21, 2024 Patrick Jowett The …

    Source: pv-magazine - Neutral
  • Published on 08:10 GMT

    Namibia lose out on SADC record show 

    A record eight SADC nations have qualified for the 2025 Afcon finals in Morocco but Namibia won’t be one of them.  With the already eliminated Brave Warriors and Kenya playing out a drab goalless draw in their Group J encounter in Polokwane on Tuesday, …

    Source: The Namibian - Neutral

04 days 14:56:27

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