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Learn how to account for the costs incurred by an existing owner to redevelop an inactive mine.
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If your organization wants to redevelop an inactive mine that it owns, you may be wondering about the accounting treatment for the associated costs. Viewpoints: Redevelopment of an Inactive Mine by an Existing Owner discusses some of the factors you should consider when determining how to account for such costs.
Prepared by Chartered Professional Accountants of Canada (CPA Canada) and the Prospectors and Developers Association of Canada, this useful resource for junior mining companies features information on:
March 1, 2017
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