Currently viewing Global edition

Bad habits damage company disclosure practices

Up and coming lithium miner Pilbara Minerals was pulled up by the Australian Securities Exchange for a disclosure lapse in one of the exchange’s pet areas, while more serious gaps remained in the sometimes patchy oversight of ASX company reporting.

On June 2, Pilbara Minerals announced a 32% increase to 23.83 million tonnes in its Pilgangoora tantalum-lithium resource in Western Australia.