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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.
Corresponding papers (Click on icon to see document in either pdf or word format)
AEG papers:Posted on 22/12/2004Click here to see pdf documentClick here to see word documentMineral exploration and mineral deposits
AEG summaries:Posted on 10/01/2005Click here to see pdf documentClick here to see word documentMineral exploration
Statistics
Number of AEG recommendations:1
Number of country comments:57
Number of expert comments:1
Corresponding AEG Meetings
The issue was discussed at the following meetings:
December 2004
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