Resolute Mining says it will pay Mali $160 million in tax dispute
The company’s shares in Sydney were suspended on Thursday, after tumbling 40% since news of the detention of CEO Terry Holohan.
Four years ago, Argentines elected Mauricio Macri as their president on his promise to fix the country’s troubled economy after 12 years of populist government under Cristina Fernandez de Kirchner and her husband Nestor Kirchner.
Macri — who comes from a wealthy family and was the first centre-right president to lead Argentina since its return to democracy in 1983 — took office in December 2015.
The Northern Miner spent several weeks in the country after his election, interviewing lawyers, economists, accountants, diplomats, mining executives and government officials, all of whom expressed optimism that Macri could get the country’s finances into shape and attract more foreign investment.
(Read the full article at The Northern Miner)
