Asset Requirements For Mining Companies

Listing requirements

Certain companies admitted under the assets test, and mining and oil and gas exploration companies, are also required to file quarterly activities reports and cash flow statements. Dual listing A company that is already listed on a foreign exchange that meets ASX's minimum admission criteria can also list on ASX as an ASX Listing or ASX Foreign ...

Understanding the SEC's New Mining Disclosure …

The SEC first proposed an overhaul of the disclosure requirements for mining companies, and solicited comments on its proposed rules, in 2016. Many industry organizations, companies, and …

Mining Digital Twins

There is a range of different requirements for mining and minerals organisations, depending on their size, location and area of focus. In a recent article, EY suggests that meeting ESG requirements should be an urgent priority for organisations in the sector. "ESG remains the top risk and opportunity for mining and metals …

Canada's new mining regulations: How will they affect the …

It has been a common go-public vehicle for junior mining companies and with the increase in commodity prices we expect to see increased CPC listings and RTO activity in the mining industry in 2021. ... In the current landscape, owners of Canadian mining assets considering an investment from, or sale to, a foreign state-owned entity, …

Financing Solutions for Small-Scale Mining Projects: …

Securing adequate financing is a significant hurdle for small-scale mining projects, which are often characterized by high upfront costs and a host of regulatory, environmental, and market risks. Small mining firms must navigate a complex landscape where traditional funding sources, such as bank loans, may be limited or unavailable. As such, …

ESG Insights: What does ESG mean for the Mining …

The Australian Senate recently passed the mandatory climate reporting bill, to be passed by the House of Representatives in September. The Bill introduces key changes to the Corporations Act in …

MINING LICENSE/ PERMITS, COST & REQUIREMENTS IN …

Mining license in Nigeria is usually relevant for companies seeking to engage in the mining sector, with or without a mining lease. There are two major types of mining licenses in Nigeria that are relevant and important for every company engaging in mining sector, depending on their type of activities in the sector.

How to Value Mining Companies: A Guide for Investors

First Mining Gold is a Canadian gold development company focused on advancing its flagship Springpole Gold Project in Ontario, one of the largest undeveloped gold projects in Canada, and the recently acquired Duparquet Gold Project in Quebec, a top 20 Canadian gold asset. The company also has interests in several partnership assets …

Maximising Mining Asset Valuations | SRK Publication

It is critical companies have realistic expectations and a proactive working relationship with asset valuers. According to Jeames McKibben, principal consultant (project evaluation) at SRK Consulting, valuing mining assets is increasingly complex due to various issues such as commodity-price volatility, COVID-19 and emerging environmental, social and …

Mining's top ten 'S' trends in ESG for 2023

A recent Harvard study indicates 81% of institutional investors in the US and 83.6% in Europe plan to increase their ESG allocations over the next two years.

Implementing the SEC's Final Rule on Modernizing …

A qualified person generally requires site visits to each material mineral asset, review of all exploration and mining activities as a high-level due diligence measure, and review of any feasibility studies, mine plans, business plans, and corporate models to validate ... How Auditors Will Focus on the New Requirements As companies prepare to ...

Mining Laws and Regulations Report 2024 Zimbabwe

the Zimbabwe Investment Development Agency Act [Chapter 14:38] – deals with investment promotion in the country. ... Subject to complying with the applicable requirements, most mining rights can be transferred without restrictions. When a registered mining location or any interest therein is sold or otherwise alienated, the …

Crypto Assets

Action Name Description Date Filed; SEC v. NovaTech LTD et al. The Securities and Exchange Commission charged Cynthia and Eddy Petion, along with their company, NovaTech Ltd., for operating a fraudulent scheme that raised more than $650 million in crypto assets from more than 200,000 investors worldwide, including many in …

Reclamation Bonds | Office of Surface Mining Reclamation …

These forms differ for each type of bond. Each form must meet the requirements of the applicable regulatory program. In addition, each form must comply with standard contract law, property law, the Uniform Commercial Code, banking law, and surety law. ... Some instruments are the pledged assets of a mining company (cash, real estate, …

Investing in Gold Stocks: How to Value Mining Companies

Key Takeaways: Gold mining industry: Gold mining is a global $392 billion business with the single largest gold mine in the world located in the State of Nevada. The Lassonde Curve: A model of the life of a mining company – from exploration to production – and helps investors gauge market value through each stage of the process. Investing in Gold …

Taxpayers should continue to report all cryptocurrency, digital asset …

IR-2024-18, Jan. 22, 2024 — The Internal Revenue Service today reminded taxpayers that they must again answer a digital asset question and report all digital asset related income when they file their 2023 federal income tax return, as …

How do mining and metals companies account for …

Accounting Fundamentals in Mining and Metals Exploration and evaluation expenditures in the mining and metals industry pose unique accounting challenges. During the exploration phase, companies assess the presence of mineral reserves. These preliminary expenses are often considered an aspect of research and, therefore, …

Mining Laws and Regulations Report 2024 Philippines

Mining Laws and Regulations Philippines 2024. ICLG - Mining Laws and Regulations - Philippines Chapter covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights.

SEC adopts new rules for mining disclosures

The new rules will rescind Guide 7 and create a new Regulation S-K subpart 1300, intended to eliminate overlapping disclosure requirements and provide one standard set of disclosure rules for mining registrants.

Mining for the Future to Deliver on an ESG …

The future of the mining industry is increasingly being shaped by environmental, social, and governance (ESG) imperatives. The expectation of a transition to net zero by 2050 (or sooner) is well …

Financial reporting in the mining industry*

cut-off point when accounting for mining entities, because the change to production means that costs can no longer be capitalised and should be treated as operating expenses. …

Audit Procedures for Mining Companies: Audit Risks and More

Environmental and Health & Safety Compliance: Mining companies must comply with environmental and health & safety regulations, and auditors must pay close attention to …

10 Biggest Mining Companies

Glencore, Jiangxi Copper, and BHP Group lead the 10 biggest mining companies list Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in ...

What is asset management in mining industry practices?

By maintaining a comprehensive understanding of an asset's lifecycle, mining companies can enhance asset utilisation, ensuring that each piece of …

Guide to IPOs for Mining Companies

Mining companies undertaking capital raisings can approach the world's capital markets in various ways. Through an initial public offering (IPO), ... more likely to satisfy requirements on exchanges that offer asset test financial requirements, rather than requiring a track record of profitability. In addition, prospectus disclosures ...

SEC adopts new rules for mining disclosures | Publication

The current disclosure requirements for mining registrants are set forth in item 102 of Regulation S-K and Industry Guide 7 (Guide 7). ... the final rules do not include the proposed presumption of materiality if mining assets constitute 10 percent or more of a registrant's total assets, reflecting the SEC's preference to rely on a more ...

Ensuring Regulatory Compliance in Mining Asset Management

To navigate the complex regulatory landscape and ensure compliance in mining asset management, companies can implement the following strategies: Robust …

What are the Best Practices for Bookkeeping of Asset …

Fundamentals of Asset Retirement Obligations Asset Retirement Obligations (AROs) are essential for the mining industry, representing a significant liability on the balance sheet that reflects the future costs to retire a long-lived asset. Understanding Asset Retirement Obligations Asset Retirement Obligations are a form …

Metals & Mining Investment Banking: Full Industry Guide

What Is Metals & Mining Investment Banking? Metals & Mining Investment Banking Definition: In metals & mining investment banking, professionals advise companies that find, produce, and distribute base metals, bulk commodities, and precious metals on debt and equity issuances and mergers and acquisitions. The concepts of upstream ("find") …