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Learn how to determine the useful life a mine in order to effectively calculate its depletion.
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When it comes to your company’s mining project, you may be wondering: How do I determine the useful life of the mine? As Viewpoints: Applying IFRS in the Mining Industry: Depletion of a Mine in the Production Phase: Useful Life of the Mine explains, such an assessment requires considering a range of factors, including the number of production units expected to be obtained from the mine.
Prepared by Chartered Professional Accountants of Canada (CPA Canada) and the Prospectors and Developers Association of Canada, this resource for junior mining companies outlines what you need to know to calculate the depletion of a mine in the production phase, including:
December 8, 2017
Sustainability and corporate reporting; the pursuit of knowledge development, advancement, and sharing has existed from the early establishment of the accounting profession — and continues to grow as CPAs champion research and innovation.
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February 28, 2018
Sustainability is an increasingly important issue for business, communities and the world. Learn how embracing sustainability can help organizations not only contribute to society but also become more profitable and successful in the long term.