Former director of joint venture partner charged with insider trading offences (ASIC, 2016)

Judgment entered

✓ Checked against the primary document on October 4, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

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In August 2016 ASIC reported that Darren James Lind, a former Golden Fields Resources director, was charged with two counts of insider trading in Minotaur Exploration shares. A jury found him guilty in August 2018 and in February 2019 he was sentenced to 18 months' imprisonment with at least nine months to serve; an appeal against conviction was pending when ASIC reported the sentence.

The record

What was ordered

Civil penalty

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Disgorgement

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Prejudgment interest

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Total relief

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Alleged gain

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A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Australian Securities and Investments Commission announced this matter on August 26, 2016 as release 16-275MR. The respondent named is Darren James Lind (1 individual, 0 entities). ASIC alleges that Mr Lind procured Longer View Pty Ltd to buy 100,000 Minotaur Exploration Limited shares on two occasions on 28 July 2014 while he held information about drill testing at the Eloise Project in Cloncurry, Queensland. He was represented in court on the two counts of insider trading.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

ASIC's later releases show how this prosecution ended. After a two-week trial in the District Court of South Australia in August 2018, Mr Lind was found guilty of two counts of insider trading under section 1043A of the Corporations Act (release 18-244MR). The sentencing release (19-024MR, February 2019) reports a sentence of 18 months' imprisonment with a minimum of nine months to be served, and says he had appealed his conviction, with a hearing listed for 15 March 2019 in the Supreme Court of South Australia. The result of that appeal was not checked. The date recorded here is the date of the sentencing release as held for the related record asic-19-024mr-insider-trading-2019, which covers the same prosecution; this page and that one describe the same matter. This was a criminal prosecution brought by the Commonwealth Director of Public Prosecutions, so the outcome is a conviction rather than a civil finding. Checked on 2026-10-04.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Insider trading — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2016-08-26 ASIC media release
2. 2018-08-21 Jury finds Lind guilty of two counts of insider trading (ASIC 18-244MR)
3. 2019-02-11 Sentenced to 18 months, minimum nine months to serve (ASIC 19-024MR)

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• ASIC media release
• ASIC release 18-244MR (guilty verdict)
• ASIC release 19-024MR (sentence)

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Same matter

The library links these 3 records because they appear to concern one matter: the same lead defendant, an overlapping technique tag and close filing dates, or a shared court docket or a release that cites the other. Records are listed by date filed.

This grouping is the library's, made by matching names, techniques, dates and citations when the site is built. It is not the regulator's or a court's determination that the records are one case, and it errs towards missing a link rather than making a false one.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 10, 2026. submit a correction.