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Erlandsen, K., et al. (2004) Subsoil Asset Accounts. Results of a Questionnaire and Points for Further Discussion. 9th Meeting of the London Group on Environmental Accounting Proceedings & Papers (Draft), Copenhagen, 22-24 September 2004, 101-116.

has been cited by the following article:

• TITLE: Valuation of Mineral Resources in Selected Financial and Accounting Systems

  AUTHORS: Robert Uberman

  KEYWORDS: Mineral Resources, Valuation, Accounting for Mineral Assets, Valuation Codes

  JOURNAL NAME: Natural Resources, Vol.5 No.9, July 31, 2014

  ABSTRACT: The paper presents reviews of fundamental issues regarding valuation methodologies of mineral deposits: 1) recommended by mineral industry standards; 2) used for disclosures in financial statements and 3) adopted in national statistics. A discussion of historical developments of various regulations is supplemented by characteristics of key valuation methods. Differences and similarities are analysed and compared to current practices. A special attention is given to certain distinctive issues which are not shared by most of other types of assets like inclusion of decommissioning and rehabilitation costs or consequences of long duration of investment phase.