REGULATION

Australian Mines slugged with Sconi penalty 

AUSTRALIAN Mines will be hoping to put a dark chapter in the company's history behind it with a payment to settle civil proceedings brought against it in the Federal Court for breaches of its continuous disclosure obligations.

 AUZ has copped to breaching the law

AUZ has copped to breaching the law

The court has approved a settlement that has seen AUZ admit to contraventions of the law, and paying A$505,550 in penalties and costs.    Justice Craig Colvin said AUZ's false statements were "materially...

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