CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. What Happened: The executives traveled to Bamako, Mali's capital, for meetings with local mining and tax authorities to address concerns over the company's in-country practices.

Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped governments seek to generate more revenue from their natural resources.

A military junta has detained the CEO and two other executives of Australian gold miner Resolute Mining over a royalties dispute in the West African nation of Mali. Terry Holohan, CEO of West Australian-based Resolute, and two other staff were detained by Malian authorities on Friday following a meeting in the capital, Bamako.

Resolute Mining’s shares have plunged after it said Terry Holohan and two other employees were being held by Mali’s military junta.

Three executives from an Australian gold miner have been taken in police custody in Bamako, Mali to be questioned in a case of alleged forgery and damage to public property, people familiar with the matter confirmed.

The billionaire CEO of WA-based gold mining company has reportedly been detained by the military-controlled government in West Africa’s Mali.

The apparent detention of Terry Holohan and other company executives follows a number of arrests in recent weeks targeting fellow gold miner Barrick Gold employees.

Terry Holohan, chief executive officer of Australian gold miner Resolute Mining Ltd has reportedly been detained by the military-controlled government of Mali in West Africa.

Shares in Australia’s Resolute Mining Ltd. plunged more than 30% on Monday after the gold producer confirmed Chief Executive Officer Terry Holohan and two other employees were unexpectedly detained in Mali late last week.