An Australian mining company, Resolute Mining, says it will pay Mali's military government $160m (£126m) to settle a tax dispute, after the company's British boss and two other staff were unexpectedly detained 10 days ago.

Resolute Mining has reached a $160mn settlement with the Malian government to resolve a tax dispute that led to the detention of its chief executive in the African country. On Monday morning the Anglo-Australian gold miner said it had signed a memorandum of understanding with the government to settle claims related to tax,