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Mali wins $160m in gold mining dispute
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.
Mali Releases Imprisoned Gold Mining CEO After $180M Payoff in Tax Dispute
Resolute Mining has reached a deal with Mali's military junta to pay $160 million in back taxes to secure the release of its CEO.
Australian gold mining company to pay Mali’s junta US$160-million after CEO, two employees detained
Resolute Mining CEO Terence Holohan and two others were detained in Bamako on Nov. 8 as they were visiting the country for talks over an unspecified dispute
Resolute Mining agrees to pay $160 million to Mali as CEO, employees remain detained
Australia's Resolute Mining said on Monday that it would pay $160 million to Mali's government to help resolve a tax dispute after the West African country detained its CEO Terence Holohan and two other employees this month.
Australian mine company to pay $160 million to Mali junta after 3 of its executives were detained
Australia’s Resolute Mining says it will $160 million to Mali’s ruling junta to resolve a tax dispute, more than a week after the company’s CEO and two other executives were detained in the West Afric
Resolute Mining to Pay Mali $160 Million Over Tax Dispute
Resolute Mining Ltd. will pay the Mali government about $160 million as it seeks to resolve a tax dispute that’s seen its chief executive officer detained for more than a week.
Resolute Mining Strikes $160mn Deal With Mali Junta Over Detained CEO
Australia's Resolute Mining said Monday it has struck a $160 million deal with the government of Mali, after the company's CEO and two other executives were unexpectedly detained.
Orla Mining Up on Deal for Ontario Gold Mine
'This predictable cycle of investors returning' — Orla spends $850 million on Ontario gold mine
Orla chief executive Jason Simpson said he thinks investors are still overlooking the gold mining industry in favour of the returns being generated by Big Tech and other sectors, but he thinks gold miners are on the precipice of an inflow of investment given current gold prices.
Orla Mining Shares Rise After Agreeing to Acquire Gold Mine in Ontario
Shares of Orla Mining jumped after it said it will buy a gold mine in Ontario from Newmont for up to $850 million, setting the stage for nearly double the gold output. Shares recently traded 9.9% higher at 6.10 Canadian dollars ($4.33). The stock is up almost 40% this year.
Orla Mining to buy Newmont's Musselwhite gold mine project in Ontario
Canadian miner Orla Mining said on Monday it would buy the Musselwhite Gold Mine in Ontario from Newmont in a $850 million all-cash deal, part of which is contingent on gold prices. Orla said the deal will be funded through a combination of cash,
5h
on MSN
U.S. Gold wins final permit for Wyoming mining project, starting PFS work
U.S. Gold (NASDAQ:USAU) +9.7% in Monday's trading after saying it received final approval for an air quality permit from the ...
The New York Times
2h
Mining Company Whose C.E.O. Was Detained Agrees to Pay Mali $160 Million
Three executives of the Australian company Resolute
Mining
were arrested this month. Mali, a major African
gold
producer, ...
1h
on MSN
TSX rises as higher gold, crude prices boost mining, energy shares
Canada's main stock index rose on Monday, boosted by mining and energy companies that gained on the back of higher gold and ...
15h
Monument Mining: Upside Is Theoretically Unlimited As Gold Price Rises
We recently discussed a new idea for us in a new sector, Monument Mining Limited. Click here for our brief thesis on MMTMF ...
Mining Weekly
11h
Orla Mining buys Newmont’s Musselwhite gold mine
Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million.
GlobalData on MSN
3d
South Africa’s Harmony Gold Mining announces leadership change
The company has announced the appointment of a new group CEO and deputy group CEO, effective from 1 January 2025.
12h
Newmont to sell Ontario gold mine to Orla Mining for up to $850M
Newmont agrees to sell Musselwhite mine in Ontario for up to $850M to Orla Mining, as part of its asset divestment strategy.
Best Junior Mining Stocks
12h
Calibre Mining Announces Significant High-Grade Mineralization at Limon Which Is Expected to Have a Positive Impact on Its Mineral Resources
The past producing Talavera deposit west extension demonstrates 750 metres of strike extent beyond historic workings with ...
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