Tag: Australia
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Resolute Mining Executives Detained in Mali: A Setback for Australian Gold Operations in West Africa
Three senior executives from Resolute Mining, a Perth-based mining company with significant interests in West Africa, have been unexpectedly detained in Mali. The detainees include CEO Terence Holohan, alongside two other senior figures within the organization. The incident has raised concerns both within the company and among investors, causing a sharp decline in the companyβs…
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π²π± Mali detains 3 Australian mining firm executives
Three expat executives from Australian company Resolute Mining, which owns a gold mine in Mali, have been detained for questioning, industry and judiciary sources told AFP on Saturday. It is the second time in just over a month that employees of a foreign mining firm have been detained in Mali, as the ruling military junta…
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South Africa’s company to start mining copper in Australia by 2028
Harmony Gold is targeting its first copper production from the Eva Copper project in Queensland, Australia, by 2028. Alongside this, Harmony has reported a 132% surge in headline earnings, with a record 12.7 billion rand ($715.2 million) in operating free cash flows. Despite this financial success and the announcement of a dividend increase, the companyβs…
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