The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold prices hover near record highs.

ASX- and LSE-listed Resolute Mining has confirmed that its CEO Terence Holohan and two other employees have left Mali after finally being released from detention. "All three employees are safe and well,

Resolute Mining chief executive Terry Holohan and two colleagues have been released from detention in Mali after the company agreed to pay the military junta that runs the West African nation almost $250m.

The company has paid $80m (A$122.97m) to the government from cash reserves, with another $80m over the coming months.

Chief Executive Terence Holohan and two other employees have been detained by government officials in Mali, where the Australian company runs gold-mining operations.

RESOLUTE Mining said on Thursday its CEO Terry Holohan and two other employees had been released from the Economic and Financial Centre of Bamako, in Mali. This ends a 10-day ordeal for Holohan and his colleagues who were detained by Mali government officials on November 10 following negotiations around tax claims Resolute said at the

The Australian miner agreed to settle a tax dispute as it seeks to secure the release of its chief executive and two other employees detained in the West African country.

Resolute Mining (OTCPK:RMGGF) (OTCPK:RMGGY) said Thursday its CEO Terence Holohan and two other employees, who were detained by the Mali government earlier this month, have been released from the country.

Australia's Resolute Mining announced on Thursday that the Malian government released its CEO, Terence Holohan, and two other employees after they were detained earlier this month. ・Resolute Mining CEO and two other employees have been released by Malian government after detainment,