12. |
Environmental rehabilitation expenditure |
The estimated cost of final rehabilitation, comprising the liability for decommissioning of assets and restoration, is based on current legal requirements and existing technology and is reassessed annually and disclosed as follows: | |
12.1 | Decommissioning costs |
The present value of estimated future decommissioning obligations at the end of the operating life of a mine is included in The estimated cost of decommissioning obligations is reviewed annually and adjusted for legal, technological and environmental circumstances that affect the present value of the obligation for decommissioning. The related decommissioning asset is amortised using the lesser of the related asset’s estimated useful life or |
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12.2 | Restoration costs |
The estimated cost of restoration at the end of the operating life of a mine is included in |
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12.3 | Ongoing rehabilitation costs |
Expenditure on ongoing rehabilitation is charged to the income statement as incurred. |