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Deloitte Australia 'Extracting Value' publication

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23 Sep 2010

Deloitte Australia's Energy & Resources group has published Issue 9 of its Extracting Value publication, discussing Draft Interpretation DI/2010/1 Stripping Costs in the Production Phase of a Surface Mine, which is open for comment until 30 November 2010.

There is widespread use in Australia of the 'stripping ratio' approach to account for waste and overburden removal cost during the production phase of a mining operation. The publication discusses the issues arising in the Australian context from the proposals in DI/2010/1.

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