1993 SNA Update Information - Mineral exploration |
Issue description | Issue description in [English] | [French] | [Russian] | [Spanish] | Expenditures on mineral exploration are classified in the 1993 SNA as gross fixed capital formation. The
rationale is that mineral exploration creates a stock of knowledge about the reserves that is used as input in
future production activities. The question has been raised as to whether this knowledge should be seen as
independent of the stock of economically exploitable reserves or whether this leads to double accounting
when both discovered stocks of resources and stock of exploration are capitalized. |
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Corresponding papers (Click on icon to see document in either pdf or word format) | AEG papers: | Posted on 12/22/2004 | | | Mineral exploration and mineral deposits | AEG summaries: | Posted on 1/10/2005 | | | Mineral exploration |
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Statistics | Number of AEG recommendations: | 1 | Number of country comments: | 57 | Number of expert comments: | 1 |
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Corresponding AEG Meetings | The issue was discussed at the following meetings: | December 2004 |
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