Three expat executives from Australian company Resolute Mining, which owns a gold mine in Mali, have been detained for questioning, industry and judiciary sources told AFP on Saturday.

(Alliance News) - The chief executive and two employees of Australian company Resolute Mining Ltd, which owns a gold mine in Mali, were detained while in Bamako to discuss disputes with the authorities, the firm said on Sunday. Shares traded down 33% at AUD0.45 each in Sydney on Monday.

Resolute Mining's shares fell by 32% on Monday, their worst trading day in 16 years, after top executives at the Australian gold mining company were detained as part of a crackdown on foreign firms in Mali.

Shares of Australian gold miner Resolute Mining plunged more than 30 per cent on Monday after the company said its chief executive Terence Holohan and two other employees had been detained in Mali. The Resolute executives were in the capital Bamako to discuss with officials “open claims made against Resolute” that the group “maintains are unsubstantiated”,

The top executive and two other employees of Australia's gold mining company Resolute Mining have been arrested and detained by Mali’s military junta.

Resolute Mining (OTCPK:RMGGF) (OTCPK:RMGGY) -32% in Australian trading Monday, the most in 16 years, after three of its employees including CEO Terence Holohan were arrested by government officials in Mali.

Australian gold miner, Resolute Mining’s shares witnessed a 32% drop on Monday following the arrests of three of its employees including CEO Terence Holohan by Malian government officials. ・Resolute Mining's shares dropped 32% following the arrest of CEO and two other employees by Malian government officials ・The junta-led government in Mali is