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Mining Industry Introduction to Mining Financial Concepts

15/08/2018 In accounting, the terms "sales" and: Ore (tons) x Grade (g/t) x Recovery x Payability x Metal Price; Royalties: Properties often have royalties on them (e.g., 2% Net Smelter Return) Operating costs: Per ton basis (e.g., $2.50/ton for mining)

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Mining Jobs: Mine Accountant

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Financial reporting in the mining industry International

Accounting Standards Board (IASB) has been intense in recent years with a constant flow of changes. One of the major challenges of any reporting framework is how best to implement it in the context of a specific company or industry. IFRS is a principles based framework and short on industry guidance. PwC looks at how IFRS is applied in practice by mining companies. This publication identifies