• How Arresting an Australian Mining Company’s CEO has Won Mali $160m

  • Nov 21 2024
  • Length: 14 mins
  • Podcast

How Arresting an Australian Mining Company’s CEO has Won Mali $160m

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  • Summary

  • Australian gold producer Resolute Mining has agreed to pay the Malian government $160m after it* CEO and two colleagues were detained during negotiations over revenue the company’s mine in the country. This comes a month after Mali’s military junta held four senior Barrick Gold employees as it looks to extract more money from the nation’s natural resources.


    On this week’s episode, our west Africa reporter Katarina Höije, and our Africa mining and metals reporter William Clowes join Jennifer Zabasajja to explain whether this hard ball negotiating tactic is a win for Mali - and what it means for foreign investors looking to capitalize on the high price of gold.

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