Resolute Mining's CEO, Terence Holohan, and two other staff were detained in Bamako during a meeting with tax and mining authorities. Mali is tightening scrutiny on foreign mining operations.
The company stated that all allegations against it had been resolved and reported that it would pay Mali $160 million to settle the tax dispute that led to the arrests.
Mali's military government has been increasing pressure on foreign mining companies since they took power, seeking to boost state revenues by rewriting its mining laws.
The recent pattern of detentions in Mali's mining sector, including the arrest of Barrick Gold employees, indicates a trend of heightened scrutiny by the military authorities.
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