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PKF UK LLP Mining Survey

Mining companies surveyed
PKF (UK) LLP has selected 35 mining companies whose latest financial accounts are for the period ending on or after 31 December 2008. The sample includes 30 listed on AIM with a market cap of over £10m and 5 listed on the Main Market with a market cap under £350m at 30 June 2009.

The Aim of this mining survey
The aim of the survey was to identify how many of the surveyed companies had suffered an impairment
and to examine:

• the main causes of impairment
• the minerals of the projects that have been impaired
• the regions where the impaired projects are located
• the stage of development of the impaired projects
• the market capitalisation of the affected companies
• the nature and extent of disclosures made in relation to impairment.

PKF UK Mining Survey

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