Resolute Mining chief executive detained in Mali

Resolute Mining (RSG) saw its gains from this year's gold rally wiped out on Monday morning after the company reported that chief executive Terry Holohan had been detained by Malian authorities.

The Malian government, controlled by a military junta after a 2021 coup, took in Holohan along with two other Resolute employees after a meeting about "general activities related to Resolute’s in-country business practices, and to progress open claims made against Resolute". 

Agence-France Presse reported the junta had claimed a "misappropriation of public goods". Resolute said the open claims were "unsubstantiated".