IAS Plus newsletter - Special Global Edition – IFRS 6 Exploration for and Evaluation of Mineral Resources
Published on:
18 Jan 2005
IFRS 6 Exploration for and Evaluation of Mineral Resources
The International Accounting Standards Board (IASB) issued IFRS 6 Exploration for and Evaluation of Mineral Resources on 9 December 2004. The Standard, which is effective from 1 January 2006 (with earlier application encouraged), applies to expenditures incurred by an entity in connection with the search for mineral resources.