|
Resolute Mining Ltd - Africa-focused gold miner - says Chief Executive Terry Holohan is taking a leave of absence, effective immediately and lasting until January 31. Chief Financial Officer Chris Eger is filling in as CEO during this time, with Resolute’s Financial Controller Dave Jackson becoming acting CFO. This follows the detaining and subsequent release of Holohan and two employees last month by the Mali authorities amid a tax dispute. Non-Executive Chair Andrew Wray says: ‘On behalf of the entire company I would like to wish Terry well as he takes a break to be with his family. Chris and Terry are an excellent team overseeing the growth of the business. Given the recent challenges in Mali and his knowledge of the business, Chris is the natural person to lead the company as acting CEO.’ Resolute says it continues to engage with the Malian government regarding its protocol signed last month, with the Syama mine migrating to the newly decreed 2023 Mining Code in 2025 as part of this. Current stock price: down 6.7% at 20.35 pence on Friday afternoon in London 12-month change: down 12% Copyright 2024 Alliance News Ltd. All Rights Reserved.
|
