Resolute Mining has agreed to pay the military government of Mali $160 million to resolve a dispute over taxes following the detention of three executives.
Beverly Ochieng pointed out the Malian government's need for cash amid a serious economic crisis as it combats rebels and terrorist groups.
The situation in Mali has worsened since the 2020 coup, leading to increased collaboration with Russia, which has sent military support to the country.
Resolute Mining reported making an initial payment of $80 million from cash reserves and plans to make another $80 million payment shortly.
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