impariments mining sector

IFRS and the Mining Industry: Top Ten Accounting Issues , - IAS Plus- impariments mining sector ,top ten accounting issu 1 Impairment The impairment guidance in IAS 36 Impairment of Assets applies to Property, Plant and Equipment (PP&E), goodwill and intangibles and involves significant estimation complexities for mining,.Macmahon flags impairments - Australia's Mining Monthly22 Jun 2015 , Macmahon Holdings has forecast another asset impairment as it continues to battle tough market conditions , due to the cumulative effect of difficult conditions in the mining services sector and low demand and market pric.



PKF Mining Survey

PKF Mining Survey ? Impairment Reviews 1 Introduction Introduction Since publishing our mining survey in 2008, which looked at the impact of the introduction of IFRS on financial reporting for the sector, the world has experienced a glo.

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Asset impairments, non-GAAP measures among , - Mining Weekly

13 Feb 2015 , With the change in commodity prices affecting the mining sector globally, financial reporting on operations has become significant for companies as this has an impact on how mining companies strategise to keep their,.

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Mine 2014 Realigning expectations - PwC

Mine 2014 Realigning expectations Review of global trends in the mining industry , After reeling from then record impairments of $40 billion during 2012, a , A confluence of factors has forced the mining industry to react to changin.

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Australia's Orica faces $1 bln impairment charge due to weak mining ,

7 Aug 2015 , Australia's Orica Ltd,the world's largest supplier of mine explosives, warned onFriday it expected to take an impairment charge of up to , Australia's Orica faces $1 bln impairment charge due to weak mining sect.

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Africa needs long term partnership with mining sector to grow ,

10 Feb 2015 , The harsh truth of the matter is that the mining sector has inflicted debt, impairments and write-downs on itself without making provision for its own long-term future, and is in a sorry state In fact, even at current price.

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Australia's Orica faces $1 bln impairment charge due to weak mining ,

7 Aug 2015 , Australia's Orica Ltd,the world's largest supplier of mine explosives, warned onFriday it expected to take an impairment charge of up to , Australia's Orica faces $1 bln impairment charge due to weak mining sect.

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Mine: Review of global trends in the mining industry - PwC Australia

Welcome to Mine: PwC's 12th annual review of the top trends in the global mining industry , 40's total assets also declined by 1% in 2014, driven by $26 billion less capital expenditure and another round of impairments, valued at.

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Australia's Orica faces $1 billion impairment charge due to weak ,

7 Aug 2015 , Australia's Orica faces $1 billion impairment charge due to weak mining sector , it expected to take an impairment charge of up to A$165 billion ($12 billion) this year, underlining the tough outlook facing the mining.

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Latest Correction in Metals and Mining Stock Prices and Impairment ,

Latest Correction in Metals and Mining Stock Prices and Impairment in the Industry , Impairment is neither an inevitable outcome of economic adversity nor an industry-wide phenomenon It is predominantly specific to an asset or to a.

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Mine 2015 The gloves are off - PwC

Mine 2015 The gloves are off pwc/mining Review of global trends in the mining industry 2015 , impairment was down by 9% and resulting ROCE was down to 84% , initiatives, fewer high-dollar impairments, and lower input,.

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Expectations realigned as global mining industry responds to tough ,

Expectations realigned as global mining industry responds to tough tim Overall, market values plummeted $280 billion, with gold miners particularly hard hit; Record impairments of $57 billion in 2013 and net profits down 72% to $20 billi.

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Refining IFRS Mining & Metals EY - EY - Global - Ernst & Young

Our Refining IFRS series aims to examine the complex, but unique, issues faced by mining and metals companies applying IFRS , We look at the key issues for the sector Amendment to , In this issue, we revisit the key requirements of im.

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Impairments push Harmony loss to R454bn for FY , - Mining Weekly

1 day ago , A R211-billion impairment was taken in respect of the Hidden Valley mine, R104-billion on Doornkop, , The 2015 round of wage negotiations in the gold sector started on June 22, 2015 between the Chamber of Mines,,.

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MiningWeekly | Mining Sector News | Mining Industry | Gold

He had more than 36 years' experience in the mining industry, including as president of the Chamber of Mines of South , in the prior financial year, mainly owing to R35-billion in impairments incurred during the three months ended Ju.

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Mine 2014: Realigning expectations - PwC

Mine 2014 Realigning expectations Review of global trends in the mining industry , After reeling from then record impairments of $40 billion during 2012, a , A confluence of factors has forced the mining industry to react to changin.

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Mining companies suffer $70bn in impairment losses ? report

27 Jan 2015 , The 'Mining Financial Reporting Survey 2014', compiled by financial services firm KPMG, further revealed that companies , Most companies attributed the underlying reasons for impairment to factors specific to asset.

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Aveng announces R830m of impairments for 2014 FY - Mining Weekly

2 Jul 2014 , In addition, as a result of lower-than-expected commercial uptake of Aveng Water's water treatment technology, particularly owing to a depressed mining sector, the board would also fully impair its goodwill and related.

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Energy & Mining industry events and webcasts: PwC

PwC's Energy & Mining practice hosts and sponsors learning events, webcasts, and seminars to help you increase your knowledge of tax, accounting, regulatory, and operational issues that affect your business and the industry,.

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Asset impairments, non-GAAP measures among , - Mining Weekly

13 Feb 2015 , With the change in commodity prices affecting the mining sector globally, financial reporting on operations has become significant for companies as this has an impact on how mining companies strategise to keep their,.

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Anglo flags Minas-Rio, coal impairments - Mining Journal

16 Jul 2015 , , while flagging upcoming impairments on its Minas-Rio iron ore asset and certain of its Australian coal operations , finance coverage with in-depth reporting on the multi-billion-dollar mining technology and services s.

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Writedowns Near $50 Billion as M&A Haunts Mine CEOs - Bloomberg

30 Jan 2013 , The mining industry's merger and acquisition missteps have been compounded by higher costs for energy, labor , while Goldman Sachs said in January that BHP may take a $2 billion to $3 billion impairment on aluminum,.

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Financial Reporting in the Global Mining Industry - IAS Plus

costs and mine development, the amortisation of capitalised costs, the issue of impairment, provisions for costs to be incurred after mine closures, establishing fair values in a business combination and reporting interests in joint underta.

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Expectations Realigned as Global Mining Industry Responds to ,

Commodity prices, led by gold's greatest annual decline in over 30 years, decreased significantly and mining stocks fell 23% This, along with record impairments, means profitability in the industry was at its lowest level in a decade,.

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Australia's Orica faces $1 billion impairment charge due to weak ,

7 Aug 2015 , Australia's Orica faces $1 billion impairment charge due to weak mining sector , the world's largest supplier of mine explosives, warned on Friday it expected to take an impairment charge of up to A$165 billion ($1.

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Latest Correction in Metals and Mining Stock Prices and Impairment ,

Latest Correction in Metals and Mining Stock Prices and Impairment in the Industry , Impairment is neither an inevitable outcome of economic adversity nor an industry-wide phenomenon It is predominantly specific to an asset or to a.

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International Financial Reporting Standards in the mining sector ,

Financial instruments in the mining sector 3 21 An outline of IAS 39 3 22 Definition of a derivative 3 23 Embedded derivativ 3 24 Impairment and IAS 39 5 3 Exploring the mining sector 7 31 Exploration and evaluation 7,.

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McAleese faces $144M impairment - Australia's Mining Monthly

29 Jul 2015 , McAleese has flagged impairments of $114-144 million after a tough year in the mining sector,.

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Mine 2015 The gloves are off - PwC

Mine 2015 The gloves are off pwc/mining Review of global trends in the mining industry 2015 , impairment was down by 9% and resulting ROCE was down to 84% , initiatives, fewer high-dollar impairments, and lower input,.

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Mining industry inertia will come at a price | MINING

16 Jun 2015 , PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending , Asset impairment charges were cut in half in 2014 from 2013's record tally but at $27 billion.

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Refining IFRS Mining & Metals EY - EY - Global - Ernst & Young

Our Refining IFRS series aims to examine the complex, but unique, issues faced by mining and metals companies applying IFRS , We look at the key issues for the sector Amendment to , In this issue, we revisit the key requirements of im.

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key requirements of impairment testing - Ernst & Young

its coal and aluminium assets; BHP Billiton's US$3b impairment of its nickel, aluminium and various , falling below net assets) have been present for the mining and metals sector Therefore, we expect that throughout this reporting se.

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Valuations and Impairments in the Energy Sector - PwC

Watch a replay of our recorded webcast in which we discuss valuation and impairment trends in the energy sector, including key assumptions, inputs and other considerations used by many energy companies , Webcast By Energy & mining,.

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Valuations and Impairments in the Energy Sector - PwC

Watch a replay of our recorded webcast in which we discuss valuation and impairment trends in the energy sector, including key assumptions, inputs and other considerations used by many energy companies , Webcast By Energy & mining,.

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MiningWeekly | Mining Sector News | Mining Industry | Coal

Detailed news coverage of the Coal industry , Union threatens strike action at South32 NSW coal mine , By: Esmarie Swanepoel A $355-million impairment charge on its early-stage exploration assets has seen coal miner Whitehaven sink.

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EY - Mining in rapid-growth economies - Ernst & Young

Mining indices underperformed Mining industry financials under stress Over the last few quarters, the overall slowdown in the global mining sector has forced large mining players to declare impairments Investors have become wary of asset.

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Mine 2014 Realigning expectations - PwC

Mine 2014 Realigning expectations Review of global trends in the mining industry , After reeling from then record impairments of $40 billion during 2012, a , A confluence of factors has forced the mining industry to react to changin.

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Expectations jolted as global mining industry responds to tough times

Expectations jolted as global mining industry responds to tough tim Overall, market values plummeted $280 billion, with gold miners particularly hard hit; Record impairments of $57 billion in 2013 and net profits down 72% to $20 billion.

Read More

Australia's Orica faces $1 bln impairment charge due to weak mining ,

7 Aug 2015 , Australia's Orica faces $1 bln impairment charge due to weak mining sector MELBOURNE, Aug 7 (Reuters) - Australia's Orica Ltd, the world's largest supplier of mine explosives, warned on Friday it expected to take.

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E&C sector set to face earnings impact, impairments in 2015 ,

11 Mar 2015 , Australia's engineering and construction sector is likely to endure a challenging 2015, with companies in the sector facing a hit on earnings and impairments as capital expenditure in the mining and oil & gas sectors slo.

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International Financial Reporting Standards in the mining sector ,

Financial instruments in the mining sector 3 21 An outline of IAS 39 3 22 Definition of a derivative 3 23 Embedded derivativ 3 24 Impairment and IAS 39 5 3 Exploring the mining sector 7 31 Exploration and evaluation 7,.

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