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.
Egypt has lifted a ban on the export of gold due to increasing economic and political stability, the government said in a statement on Saturday.
The government decided on Feb. 27 to ban exports of gold until June 30 — a decision which the statement issued on Saturday said was aimed at “guarding Egyptian national security and to stop smuggling of the country’s wealth abroad”.