Resolute Mining Ltd. halted trading after Mali demanded the Australian gold miner pay about $160 million to resolve a tax dispute that’s seen its chief executive officer detained.

Mali is demanding Resolute Mining pay up to resolve a tax dispute after its government detained the gold miner’s chief executive, according to people familiar with the matter.

Mali's military government is demanding a $162 million tax settlement from Australia's Resolute Mining (OTC:RMGGY) following the detention of its CEO, Terry Holohan, during a visit to the country. Holohan was detained in Bamako,

Resolute Mining suspended trading after Mali demanded the Australian gold miner pay about $160-million to resolve a tax dispute that’s seen its chief executive officer detained. The company’s shares in Sydney were suspended pending an announcement,

CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. What Happened: The executives traveled to Bamako, Mali's capital, for meetings with local mining and tax authorities to address concerns over the company's in-country practices.

Gold producer Resolute Mining has halted trading in its shares in Sydney pending a company announcement after last week’s detention of its chief executive, Terry Holohan, in Mali. Holohan and two other Resolute employees were detained in Bamako,

Resolute Mining Ltd. suspended trading after Mali demanded the Australian gold miner pay about $160 million to resolve a tax dispute that’s seen its chief executive officer detained.

Mali is pressing Resolute Mining Ltd. for a $160 million settlement in a tax dispute, following the detention of the Australian gold company’s CEO, sources say. ・Mali is seeking a $160 million settlement from Resolute Mining Ltd.