management accounting in a gold mining company in ghana

This paper examines the evolution of management accounting control systems (MACS) in a large gold mining company in Ghana, namely Ashanti Goldfields Corporation. (AGC). The paper is informed by a cultural political economy of management accounting summarised in Hopper et al. (2009), which stems from...

Financial Reporting in the Global Mining Industry - IAS Plus

acquisition accounting. The U.S. SEC does not permit the disclosure of other than proven and probable reserve quantities on a unit of sale basis, such as ounces for gold, in filings with the commission. (2) The SEC will, however, permit the disclosure of measured and indicated mineral quantities on a non-unit of sale basis,.

Accounting Mining Jobs - Careermine

Freeport-McMoRan Copper & Gold. Senior Accounting Analyst Hot! Phoenix, AZ, USA February 9. Meridia Recruitment Solutions. Controller - Scully Mine Hot! Newfoundland, Canada February 9. Suncor. Assistant, Accounts Payable Hot! Calgary, Alberta, Canada February 9. Suncor. Analyst, Accounts Payable Hot!

Cost Accounting in Mining - 911 Metallurgist

Feb 15, 2017 ... This need has been met in the system now used by the Portland Gold Mining Co., Cripple Creek, Colo., which is applied in its simplest form—that is, the marketable product is only gold, which always has a market value of $20 per ounce. The mine is of large size, and there are numerous details to account...

Good Mining (International) Limited - EY

Dec 31, 2011 ... impact of new accounting standards and interpretations issued but not yet effective, which may apply to Good Mining and its subsidiaries (the ”Group”) ... The Group is a gold and copper exploration, development and production company whose activities include the exploration for and development of gold...

Good Mining - Illustrative Financial Statements 2016 - EY

Dec 31, 2016 ... and copper mineral deposits and the production and sale of gold bullion and gold and copper metal concentrate. All of its operations are located in ... a priority issue for the International Accounting Standards Board (IASB or Board), local standard setters, and regulatory bodies. The growth and complexity of...

Modern Gold Mining & Extraction | World Gold Council

Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the world's gold came from South Africa. China was the largest gold producer in the world in 2016, accounting for around 14% of total annual...

The Real Cost of Mining Gold | Kitco Commentary

Feb 4, 2015 ... As of this writing, there remains no standardized cost reporting in the mining industry. Therefore, effectively evaluating gold companies for investment purposes is fraught with difficulty given the range in methods of financial accounting. In this musing, I use data and analysis provided by Cipher Research Ltd...

Narrative accounting disclosure: Its role in the gold mining industry ...

Gold mining played a major role in the extraction of surplus value by colonial powers in Africa. The paper examines the role of narrative accounting disclosure in the gold mining industry in colonial Ghana (the Gold Coast) during the period 1900–1949. Narrative accounting disclosure was deployed in the extraction of value...

Energy, utilities & resources: Industries: PwC

PwC's Energy, utilities and resources practice comprises more than 12000 people focused on serving energy, power, mining, metals and chemical clients.

Bre-X - Wikipedia

Bre-X was a group of companies in Canada. Bre-X Minerals Ltd., a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang, Indonesia (in Borneo). Bre-X bought the Busang site in March 1993 and in October 1995 announced...

The Crazy World Of Mining Costs – Investiv Daily

Dec 2, 2016 ... Don't take a description of costs for granted as they vary from miner to miner. Mining costs aren't an accounting metric, but most miners should follow the World Gold Council's guidelines. Apart from disclosure metrics, there is a metric that doesn't deceive. Introduction. As gold is getting more interesting as a...

Placer Mining Industry - Internal Revenue Service

Native gold is the most important placer mineral, but platinum and tin are also found in gravels. Minerals also include zircon, diamond, ruby, and other gems. The Market Segment Specialization Program (MSSP) presents this manual as a guideline for the examinations of taxpayers in the Placer Mining Industry. This guide...

Is Highland Gold Mining Limited (AIM:HGM) undervalued when ...

Jun 24, 2017 ... Highland Gold Mining Limited (AIM:HGM) closed yesterday at £1.44, leaving some investors asking whether this price can still be justified by the high growth potential.

Small investors of Real Gold Mining continue to suffer - EJ Insight

Jan 3, 2017 ... But all of a sudden, Real Gold Mining was suspended in May 2011 due to accounting fraud. The company was exposed by the media to have used the assets of its subsidiaries as collateral for bank loans extended to Wu's flagship company Cosun, which the firm admitted. The company has since then...

Greenstone Gold Mines | Board of Directors

Steve is a Chartered Professional Accountant with over 19 years' experience with financial management and reporting, M&A, and international risk management, taxation and structuring. Steve has been with Premier Gold Mines Limited since its inception in 2006 and currently holds the position of Chief Financial Officer.

Top 10 lowest cost gold mines make money if price falls 50 ...

Feb 24, 2017 ... The ranking also excludes mine complexes and gold operations where the precious metal is produced as a byproduct (where through some clever accounting gold can be mined at negative costs) or companies that report gold-equivalent output. The ranking is based on annual costs for 2015 since 2016...

Tanzanian accuses Acacia of mining gold illegally | IOL Business ...

Jun 12, 2017 ... Tanzania's government accused Acacia Mining of operating illegally in the East African country and said mining companies have been evading taxes. ... ban until all back-taxes are paid, having companies receive their revenue in Tanzanian bank accounts and renegotiating mining agreements to allow the...

Mining Gold Stocks: Is Newmont Mining More Precious Than Its ...

Sep 23, 2016 ... Smaller than Newmont Mining, though still deserving recognition, Kinross Gold (NYSE:KGC) operates mines in the Americas, West Africa, and Russia. ... The mining industry's version of operating expenses, AISC accounts for multiple items, such as general and administrative costs, capital expenditures...

Barrick Gold Corporation - Careers

Find mining jobs with Barrick, the world's largest gold producer, in Nevada, Canada, Australia and more.

Key Financial Ratios to Analyze the Mining Industry | Investopedia

Aug 26, 2015 ... The entire western hemisphere, both North and South America, is rich in a wide variety of mining deposits. Russia is by far the leading country for mining enterprises in Europe. Africa is rich in mineral deposits, notably gold and diamonds, and several of the major mining companies have had mining...

Sustainable Development in the South African Mining Industry: The ...

The South African mining industry is increasingly embracing cleaner production (CP), albeit at a slow pace. Environmental management accounting (EMA) is still poor, in spite of increased awareness of the concept of triple bottom-line accounting. This paper investigates how CP and EMA, by means of examples in the gold...

Earnings Management in Response to the Introduction of the ...

Earnings from gold mining in Australia remained tax-exempt for almost seven decades until January 1, 1991. In the early 1980s, rapid economic prosperity induced by escalated gold prices brought the Australian gold-mining industry under intense political scrutiny. Using a variant of the modified Jones model, this paper...

Avocet Mining shares suspended after failing to deliver accounts

May 2, 2017 ... Shares in Aim-listed gold miner Avocet Mining have been suspended after it failed to deliver its accounts on time. The mining company, which has an operating mine in Burkina Faso and a development project in Guinea, has suspended its shares on London's junior market and on Oslo's stock exchange...

Sapphire Accountants - Gold Coast Queensland - Individual ...

Sapphire Accountants on the Gold Coast are professional accountants recognised for going beyond the compliance work to assisting our clients grow their business.

Cost accounting practices at precious metal mines - SAGE Journals

The present study examines the cost accounting practices of four American precious metal mining companies (the Consolidated Xinhaiia Mining Co., the. Savage Mining Co., the Gould & Curry Silver Mining Co., and the Portland Mining. Co.) and one Australian gold mining company (the Cosmopolitan Proprietary Ltd.).

• Global gold mine reserves by country 2017 | Statistic

Thus, the U.S. was within the top group of countries based on mine reserves of gold. Australia is estimated to have the largest gold mine reserves worldwide. The impact of gold. Australia and Russia hold a large share of the world's gold mine reserves, accounting for 9,500 metric tons and 8,000 metric tons, respectively.

Careers | Kirkland Lake Gold Ltd.

Kirkland Lake Gold operates five mines across Tier 1 mining jurisdictions of Canada and Australia, employing over 2000 people. View our current open. ... Kirkland Lake Gold is a mid-tier gold producer with its corporate offices in Toronto Canada. Kirkland Lake Gold owns and .... Mine Accountant. Taylor Mine Site General...

Shandong Gold Mining Co Ltd (600547.SS) Key Developments ...

Shandong Gold Mining says change of accounting policy. Thursday, 31 Aug 2017 05:12am EDT. Aug 31(Reuters) - Shandong Gold Mining Co Ltd <600547.SS>:Says it changes accounting policy regarding government subsidy, effective June 12. Full Article...

New Gold - New Gold Careers: Employment Job Opportunities With ...

New Gold Careers: Employment Job Opportunities With Mining Company Producer, Apprenticeship Training Employee Programs Canada Mexico Australia US Chil.

New Study: 74% of U.S. gold mines pollute water - Earthworks

Feb 15, 2018 ... He continued, “The public needs real mining reform to prevent degradation of clean water by mining operations past, present, and future.” U.S. Gold Mines: Spills & Failures Report surveys federal and state data and news reports to compile operating records of 27 operating U.S. gold mines accounting for...

A Case Study of Caledonia's Blanket Mine - Resources for ...

project: the Blanket gold mine operated by Caledonia near. Gwanda. Gold is now Zimbabwe's leading mineral export and the Blanket mine accounts for nearly 14% of industrial production. The project was selected because of the volume of public domain economic data available. As a company listed on the Toronto Stock...

Stillwater Mining Company

On May 4, 2017, Sibanye Gold Limited completed the aquisition of Stillwater Mining Company. For additional information, visit: www.sibanyegold.co.za. Stillwater Mining Company contact information: STILLWATER MINING COMPANY 26 West Dry Creek Circle, Suite 400. Littleton, CO 80120. Phone: 406.373.8700

Balance Sheet of Deccan Gold Mines - Moneycontrol

Get Deccan Gold Mines latest Balance Sheet, Financial Statements and Deccan Gold Mines detailed profit and loss accounts.

Gold Mining Dawson City - 50 Mile Mining

Gold Mining Dawson City. ... If you are looking for experts for gold mining in Dawson City, search for gold mining companies that have a lot of experience in this field. Another factor you must consider when searching for a good ... you reach your financial goals. Contact us today to learn more about our accounting services.

Resolute Mining Limited

Resolute is a proven gold producer with over 25 years' experience of continuous gold production, exploration, development and innovation.

Condensed Interim Consolidated Financial ... - First Mining Gold

May 10, 2017 ... Accrued interest expense. 59,593. 16,289. Operating cash flows before movements in working capital. (1,245,802). (1,139,487). Changes in non-cash working capital items: (Increase) decrease in accounts receivable. (207,472). 264,874. (Increase) decrease in prepaid expenditures. (42,620). 20,711.

Small remains beautiful for gold mining acquisitions - Reuters

Jan 23, 2018 ... Small, opportunistic deals will dominate the global gold mining sector again this year, analysts said on Tuesday, after Leagold Mining Corp unveiled a $264 million bid for fellow Canadian gold miner Brio Gold Inc.

Mining and minerals in South Africa - Brand South Africa

Aug 16, 2012 ... South Africa has abundant mineral resources, accounting for a significant proportion of world mining and reserves, including gold, platinum and manganese.

An examination of environmental accounting and ... - Adrri Journals

Jul 31, 2017 ... Abstract. The study involved a benchmark analysis and examination of the state of sustainability accounting and reporting of four gold mining companies in Ghana from 2009 to 2015 comparing and contrasting the sustainability accounting processes and the sustainability indicators being adopted by the...

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