Mali frees Resolute executives after $160 million deal, AFP reports
The three executives, including CEO Terry Holohan, were freed from detention on Wednesday.
Malawi launched a $20 million project last week to start exploration for rare earth metals and natural gas in the southern part of the country, reports the African Press Agency.
The government expects the project to help the local economy through increased foreign exchange and other revenues.
With the extraction of rare earths and natural gas, the country forecasts its gross domestic product to jump by 10% to 20% by 2015.
An Australian company was granted the exploration licence.
