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Australian gold miner to pay Mali $160mn over tax dispute

Resolute Mining says it is working to release three executives from detention
The detention of Resolute Mining’s executives has raised alarm among miners operating in Mali

Resolute Mining is to pay the Mali government $160mn to resolve a tax dispute that led to the detention of the mining company’s chief executive.

The Anglo-Australian gold miner said on Monday that it had made an initial payment of $80mn to settle claims related to tax, customs levies and offshore accounts. It said it would pay the remainder in coming months.

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