Examples of Mining Properties in a sentence
In April 2012 the Group announced a discovery on the Ordubad Group of Mining Properties and submitted the development programme to the Government for review and approval according to the PSA requirements.
Upon demonstration of the feasibility of commercial production, any past deferred exploration, evaluation and development costs related to that operation are reclassified as Mining Properties.
When commercial production commences these expenditures are then subsequently transferred at cost to Mining Properties.
Property (Infrastructure) and Mining Properties Property (infrastructure) and mining properties are measured at cost less accumulated depreciation and impairment.
Mining Properties in Production or Under DevelopmentMining properties in production (including exploration, evaluation and development expenditure) are accumulated and brought to account at cost less accumulated amortisation in respect of each identifiable area of interest.