The Global Resource For Connecting Buyers and Sellers

Randgold CEO hopeful on resolution to Mali tax dispute

Randgold Resources’ chief executive said on Wednesday he was hopeful of resolving an 42-billion CFA Francs ($74-million) tax dispute with Mali’s government and that the company continued to invest in its two mines in the West African country.
The gold miner has already agreed to pay more than a third of the total fine to help resolve the dispute, which at one point prompted authorities to close Randgold offices in Africa’s third largest gold producer.