Welcome to the website of the IFRS Foundation and the IASB

Wednesday 01 October 2014

Banner graphic

Work plan for Interpretations (IFRICs)

Stripping Costs in the Production Phase of a Surface Mine


 

Draft IFRIC Interpretation and Comment letters [Aug 2010]


 

On 26 August 2010 the IFRS Interpretations Committee, the interpretative body of the IASB, published for public comment proposed guidance on the accounting for stripping costs in the production phase of a surface mine.

The Committee was asked to consider how to account for stripping costs (the process of removing waste from a surface mine in order to gain access to mineral ore deposits) given the divergence in practice that exists.

Comment letter deadline

The comment deadliner was 30 November 2010.

Click here  to read the comment letters.

 

Due process documents
Draft IFRIC Interpretation: Stripping Costs in the Production Phase of a Surface Mine [PDF, 467KB]
Projet d’interprétation IFRIC: Frais de découverture engagés pendant la phase de production d’une mine à ciel ouvert [French][PDR, 117KB}

Related information