AMAK PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2019



Plant, pipeline and equipment include the following at December 31:
	2019			2018
	(thousands of dollars)
Platinum catalyst	$	1,580		$	1,612
Catalyst	4,095			3,131
Land	5,428			5,428
Plant, pipeline and equipment	258,651			253,905
Construction in progress	5,052			4,343
Total plant, pipeline and equipment	274,806			268,419
Less accumulated depreciation	(85,887		)	(73,762		)
Net plant, pipeline and equipment	$	188,919		$	194,657



Property and equipment, net consisted of the following at:
	December 31,
	2019		2018
Buildings	191,838,962		191,041,157
Leasehold improvements	1,838,317		1,838,317
Heavy equipment	136,066,275		118,125,568
Motor vehicles	22,467,300		22,467,300
Civil works	16,288,221		15,662,671
Tailings dam	23,900,160		23,042,594
Plant and machinery	326,974,958		324,372,695
Mining assets – rehabilitation costs	98,894,826		98,894,826
Mining assets – underground development costs	299,224,519		267,128,896
Construction in progress	4,789,313		5,106,409
	1,122,282,851		1,067,680,433
Less accumulated depreciation, depletion and amortization	(511,648,419	)	(432,824,358	)
	610,634,432		634,856,075