Resolute Mining Shares Plunge Most Since 2008 After CEO Detained [Yahoo! Finance Canada]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Shares in the miner fell as much as 32% early on Monday, their biggest intraday decline since October 2008 and valuing the company at just over A$1 billion ($660 million). Over the weekend, Resolute confirmed that CEO Terry Holohan and two other employees were unexpectedly held by the military-controlled government of the West African country on Friday following discussions with mining and tax authorities in Bamako, the nation's capital. The detained employees are being treated well and Resolute remains in “regular communication” with the three individuals, the Perth-based company said Monday. A Mali mining ministry official previously declined to comment when reached by phone. The apparent detention follows a number of arrests in recent weeks targeting fellow gold miner Barrick Gold Corp. employees by the military government, which staged a coup d'état in 2020. Four Barrick employees were arrested last month. Resolute and other international miners h
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GOLD
Earnings
- 2/12/25 - Beat
GOLD
Sec Filings
- 2/13/25 - Form 6-K
- 2/12/25 - Form 6-K
- 2/6/25 - Form 6-K
- GOLD's page on the SEC website