Australian mining company to pay African state $160 million

Resolute Mining says its CEO and two other employees have been detained in Mali due to the impasse

Australian firm Resolute Mining has agreed to pay $160 million to Mali’s military government to resolve a tax dispute as it seeks to secure the release of three of its employees, including its CEO, who have been detained in the West African state.

In a statement on Monday, Resolute said it had already paid around $80 million toward the...