Company Statement regarding Mali

Resolute Mining Limited

11 November 2024

 

11 November 2024

Response to Reports of Employees being Detained in Mali

Resolute Mining (Resolute or the Company) (ASX/LSE: RSG) confirms that the Company's CEO, Terence Holohan, and two other employees, have been detained in Mali by Government Officials. The executives were in Bamako to hold discussions with the mining and tax authorities regarding general activities related to Resolute's in-country business practices, and to progress open claims made against Resolute, which the Company maintains are unsubstantiated.

Following the conclusion of these meetings on Friday, 8 November 2024, the three employees were unexpectedly detained.

Resolute has followed all official processes with respect to its affairs and has provided the authorities with detailed responses to all the claims made.

Resolute's priority remains the safety and wellbeing of its employees. The Company is in regular communication with the three detained employees who remain held at the Economic and Financial Centre of Bamako (Pôle Économique et Financier de Bamako). The employees are being treated well and continue to receive support on the ground from the UK and International Embassies and Consulates.

The Company is continuing to work with the Government on a resolution and will provide further updates on the situation as appropriate.

Authorised by Andrew Wray, Non-Executive Chairman

Contact

Resolute Matthias O'Toole Howes, Corporate Development and Investor Relations Manager [e-mail] [phone]

Public Relations Jos Simson, Tavistock [e-mail] [phone] [phone] (available 24 hours) Corporate Brokers Jennifer Lee, Berenberg [phone] Tom Rider, BMO Capital Markets [phone]

Resolute Mining Limited ABN 39 097 088 689

Level 17, 2 The Esplanade, Perth, Western Australia 6000

 

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