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Resolute CEO Detention in Mali Comes Amid West Africa Mining Squeeze
Gold miner Resolute Mining Ltd finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped governments seek to generate more revenue from their natural resources. Mali’s military junta — crippled by sanctions and cut off from Western aid — is at the forefront of the push, aggressively pursuing both Resolute and Canadian giant Barrick Gold Corp., which has also had its employees detained and a key license threatened in recent months. But neighboring Niger, Burkina Faso, Senegal and Ivory Coast are also ... (full story)
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- Posted: Nov 11, 2024 9:18am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 135
