African Minerals (LSE:AMI) Construction In Progress : £0.0 Mil (As of Jun. 2014)

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What is African Minerals Construction In Progress?

African Minerals's quarterly construction in progress increased from Jun. 2013 (£0.0 Mil) to Dec. 2013 (£51.4 Mil) but then declined from Dec. 2013 (£51.4 Mil) to Jun. 2014 (£0.0 Mil).

African Minerals's annual construction in progress increased from Dec. 2011 (£950.4 Mil) to Dec. 2012 (£1,461.8 Mil) but then declined from Dec. 2012 (£1,461.8 Mil) to Dec. 2013 (£51.4 Mil).

African Minerals Construction In Progress Historical Data

The historical data trend for African Minerals's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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African Minerals Construction In Progress Chart

African Minerals Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Construction In Progress

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950.41

1,461.83

51.36

African Minerals Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Construction In Progress	Get a 7-Day Free Trial				-	1,461.83	-	51.36	-

African Minerals Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

African Minerals (LSE:AMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Minerals Ltd (LSE:AMI) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stratton House, 5 Stratton Street, London, GBR, W1J 8LA

Website

http://www.african-minerals.com

African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

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