# ASC 360-930-05: Property, Plant, and Equipment — Extractive Activities—Mining — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/930/#05-overview-and-background)

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## ASC 360-930-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/360/930/#05-overview-and-background)

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##### [360-930-05-1](https://asc.understandingaccounting.org/asc/360/930/#360-930-05-1)

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This Subtopic addresses the accounting for [mineral rights](https://asc.understandingaccounting.org/glossary/m/#mineral-rights "The legal right to explore, extract, and retain at least a portion of the benefits from mineral deposits.").