Resolute Mining CEO held in Mali amid tax dispute

Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…

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Core Lithium CEO steps down

Australian producer Core Lithium has announced that Gareth Manderson will step down as chief executive officer, effective 18 March. Current finance chief Doug Warden will assume the role as interim chief executive officer while an executive search is underway. The leadership changes follow a strategic review as the company restructures its business in response to a rapid decrease in prices…

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Resolute completes Syama plant work

Gold producer Resolute Mining has completed the Syama sulphide plant shutdown in Mali after facility upgrades totaling A$7.5 million. Perth-based Resolute said the work included major shutdown activities for crushing milling and roasting circuits. Specifically, it upgraded crusher liners, transfer chutes, mill cyclone feed pumps, flotation tailings pumps, roaster feed systems as well as the roaster primary cyclone and ESP.…

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