REGULATION

Australian Mines to settle ASIC's Sconi case 

AUSTRALIAN Mines could end up paying around half a million dollars to settle court action bought against it by the Australian Securities and Investments Commission in May over a 2018 deal for its Sconi nickel-cobalt project.

Australian Mines to settle ASIC's Sconi case 

ASIC and the company have agreed to resolve civil proceedings, with the pair set to make a joint submission to the Federal Court that the appropriate penalty for breaches of the Corporations Law is A$450,000....

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