depletion of mineral resources

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• Depletion (accounting) — Depletion is an accounting concept used most often in mining, timber, petroleum, or other similar industries. The depletion deduction allows an owner or operator to account for the reduction of a product s reserves. Depletion is similar to… …   Wikipedia

• Mineral industry of Russia — Russia is one of the world’s leading mineral producing countries and accounts for a large percentage of the CIS’s production of a range of mineral products, including metals, industrial minerals, and mineral fuels. In 2005, Russia ranked among… …   Wikipedia

• Depletion — An accrual accounting method that companies use to allocate the cost of extracting natural resources such as timber, minerals and oil from the earth. Depletion is calculated for tax deduction and bookkeeping purposes. Unlike depreciation and… …   Investment dictionary

• depletion allowance — n. The tax deduction allowed to owners of property containing natural resources as the resources are used up. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. depletion allowance …   Law dictionary

• depletion allowance — a tax reduction allowed on income from exhaustible resources, as oil or timber. * * * In tax law, the deductions from gross income allowed investors in exhaustible commodities (such as minerals, oil, or gas) for the depletion of the deposits. The …   Universalium

• depletion — An emptying, exhausting or wasting of assets. A reduction during taxable year of oil, gas or other mineral deposits or reserves (i.e., wasting assets) as a result of production. The process by which the cost or other basis of a natural resource… …   Black's law dictionary

• depletion — An emptying, exhausting or wasting of assets. A reduction during taxable year of oil, gas or other mineral deposits or reserves (i.e., wasting assets) as a result of production. The process by which the cost or other basis of a natural resource… …   Black's law dictionary

• Resource depletion — For other uses, see Depletion (disambiguation). Resource depletion is an economic term referring to the exhaustion of raw materials within a region. Resources are commonly divided between renewable resources and non renewable resources. (See also …   Wikipedia

• Uranium depletion — is the inescapable result of extracting and consuming uranium since it is a finite resource. The journal Environmental Science and Technology argues that the availability of high grade uranium ore will deplete over time making the fuel more… …   Wikipedia

• Percentage Depletion — A taxable deduction that assigns a set percentage of depletion to the gross income derived from extracting fossil fuels, minerals or other nonrenewable resources from the earth. Percentage depletion is provided as an incentive for drillers and… …   Investment dictionary

• Water resources management in Peru — Source : INRENAtorage capacity and infrastructureIn 1980, INRENA established an inventory of Peru s water storage capacity, including lakes and dams. Peru has 12,201 lakes, 3,896 of which are located in the Pacific basin, 7,441 in the Atlantic… …   Wikipedia