Examlex
The formal character of written communication is considered appropriate for all types of messages.
Mining Rights
Legal permissions granted to companies or individuals to extract minerals or other valuable materials from the earth.
Depletion Expense
An accounting concept used to allocate the cost associated with natural resource extraction over the period of their removal or sale.
Accumulated Depletion
The total value of natural resource extraction from a property, representing the reduction of the asset's value on the balance sheet over time.
Ore
A naturally occurring solid material from which a metal or valuable mineral can be extracted profitably.
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