AMAK Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2020


Plant, pipeline and equipment include the following at December 31:
	2020		2019
	(thousands of dollars)
Platinum catalyst	$	1,580	$	1,580
Catalyst	4,325		4,095
Land	5,428		5,428
Plant, pipeline and equipment	270,149		258,651
Construction in progress	6,422		5,052
Total plant, pipeline and equipment	287,904		274,806
Less accumulated depreciation	(100,800)		(85,887)
Net plant, pipeline and equipment	$	187,104	$	188,919


Property and equipment, net consisted of the following at:
	September 30,	December 31,
	2020	2019
Buildings	191,974,662	191,838,962
Leasehold improvements	4,051,062	1,838,317
Heavy equipment	146,801,861	136,066,275
Motor vehicles	22,753,563	22,467,300
Civil works	16,288,221	16,288,221
Tailings dam	23,900,160	23,900,160
Plant and machinery	332,014,825	326,974,958
Mining assets – rehabilitation costs	98,894,826	98,894,826
Mining assets – underground development costs	409,899,633	299,224,519
Construction in progress	3,356,625	4,789,313

	1,249,935,438	1,122,282,851

Less accumulated depreciation, depletion and amortization	(566,920,733)	(511,648,419)

	683,014,705	610,634,432