IFRS in Focus — IFRS Interpretations Committee issues final interpretation on stripping costs in the production phase of a surface mine

Published on: 20 Oct 2011

On 19 October 2011, the International Accounting Standards Board (IASB) published IFRIC 20 Stripping Costs in the Production Phase of a Surface Mine. IFRIC 20 applies to all types of natural resources that are extracted using the surface mining activity process.

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