It does not pay for any ongoing capital or exploration costs at the mines.
FORBES: Silver Wheaton's Worth $37 Though Hudbay Deal Could Add Upside
Hashim says the company's cash has been depleted by exploration costs, though he is cagey on how much is his.
The extensive exploration costs incurred by these companies annually is targeted at ensuring enough reserve capacity to cater to the global fuel demand.
FORBES: What Exxon's Move Toward Natural Gas Means For The Stock
Among these goodies is a 40% state refund on money spent for drilling and exploration costs paid in cash to the operator.
Others point out that all exploration costs can be off-set against any tax liable ones, and that a claim can go back as far as 25 years.
The Norwegian Petroleum Directorate expects investments exploration and production costs to keep increasing through 2013, which will directly result in higher revenues for providers of offshore exploration and drilling services.
FORBES: Arctic Chill As Norway And Transocean Try To Offset Production Declines
Inflationary exploration and production costs impacted Newmont big time.
The group recently sold off a 30% stake in one of its Greenland exploration licences to Norwegian group Statoil as part of a plan to bring in a partner to share the costs of exploration in the Arctic.
This means that the oil companies will cover more of the up-front costs of exploration and drilling, and will in return receive a greater share of the profits.
The data is based on research into current and projected oil production levels, extraction costs, exploration projects that are underway or in the pipeline and growth projections for developed and developing nations.
The main costs of space exploration arise from the fact that we are set on sending humans, rather than robots.
Exploration and production operators' costs are inflating over 10% per year.
While the implementation of the suggested measures may raise the costs of shale exploration slightly, we do not believe that it will significantly affect the demand for oilfield services that are provided by players such as Halliburton and Schlumberger.
FORBES: Environmentalists Fume At Fracking Talk In Energy Committee
Now with rising prices and peak oil on the horizon, meaning high costs and eventual actual scarcities, exploration projects of this kind are now looking once again viable.
His bigger concerns are utilities, which could suffer from required replacement costs in some areas, and exploration companies like Apache, which had to shut down production in the Gulf.
His bigger concerns are utilities, which could suffer from required replacement costs in some areas, and exploration companies like Apache (nyse: APA - news - people ), which had to shut down production in the Gulf.
Ms de Cabo said Spanish authorities are still trying to convince a US judge that the American company that found the wreck, Florida-based Odyssey Marine Exploration, should also pay Spain's legal costs.
The company is reported to have falsified documents used to justify a grant of 19.6 million Deutsche marks for exploration of coal liquification technologies in order to defray costs of personnel associated with the Pharma 200 program.
Despite the early financial support from wealthy investors and the backing of well-known space-exploration researchers, Planetary Resources faces many technical questions and uncertainties about costs and the technology required to extract materials from asteroids.
Exploration work at a former tin mine in Cornwall may stop because of rising costs concerns, investors say.
While exploration and production activity in Iraq will definitely impact the top line of oil services firms, managing costs of operations will be a major headache for the companies.
"The government has to understand that the costs of human spaceflight are far outweighed by the benefits - the benefits of inspiration and of exploration, " said Nick Spall, a BIS fellow and co-ordinator of the UK Human Spaceflight Campaign.
应用推荐