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Stock impact report

Resolute Mining Shares Plunge After CEO Detained in Mali [Yahoo! Finance]

B2Gold Corp Common shares (Canada) (BTG) 
NASDAQ:AMEX Investor Relations: b2gold.com/investors/presentation
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration Resolute, which operates the Syama mine in the country, had been in talks with mining and tax authorities in the capital Bamako, as the country's military-controlled leadership pushes for increased revenue from its mineral resources. Mali is Africa's third-biggest gold producer and is looking to the metal to offset sanctions that threaten key sources of government revenue. Resolute's shares were down around 28% near noon in Sydney, valuing the miner at just over A$1 billion ($660 million). Mali's junta has in recent months ramped up efforts to renegotiate existing mining contracts with foreign companies including B2Gold Corp., Allied Gold Corp. and AngloGold Ashanti Plc. Last month it briefly jailed f Show less Read more
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