Running out of cash, Australian miners get creative to survive

From pooling office space to paying bills with company stock, small and mid-sized Australian miners are finding new ways to stay afloat during one of the sector’s worst downturns.

China’s slowdown has helped cool a decade-long commodities boom that pushed gold, copper, iron ore and coal prices to record highs, leaving Australian miners facing a painful transition to lower margins and weak investment interest.

via Business feed http://www.scmp.com/business/companies/article/1250455/running-out-cash-australian-miners-get-creative-survive