{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/930/","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","number":"930","title":"Extractive Activities—Mining","area":"Industry","group":"93X Extractive Activities","subtopics":[{"number":"930-10","topic":"930","title":"Overall","area":"Industry","paragraphs":5,"summary":"ASC 930-10 is the Overall subtopic of the Extractive Activities—Mining Topic; it identifies which entities fall within the Topic's scope and supplies definitions of mining industry terms. The Topic contains six subtopics (Overall, Inventory, Property Plant and Equipment, Compensation—Retirement Benefits, Business Combinations, and Consolidation) and provides only incremental industry-specific guidance, so mining entities must also apply all other applicable GAAP. It applies to all mining entities except oil- and gas-producing entities, which follow Topic 932.","concepts":["mining entity","extractive activities","incremental industry-specific guidance","scope exception","oil- and gas-producing entities","industry definitions"],"categories":["Industry-specific","Inventory and PP&E","Business combinations","Consolidation"],"level":"introductory","topic_title":"Extractive Activities—Mining","sections":[{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"930-10-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The Extractive Activities—Mining Topic contains the following Subtopics:<ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\">Overall</div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\">Inventory</div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\">Property, Plant, and Equipment</div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\">Compensation—Retirement Benefits</div></li><li class=\"li-norm\"><span class=\"linum\">e</span><div class=\"p\">Business Combinations</div></li><li class=\"li-norm\"><span class=\"linum\">f</span><div class=\"p\">Consolidation.</div></li></ol></div></div>","snippet":"The Extractive Activities—Mining Topic contains the following Subtopics:\n(a) Overall\n(b) Inventory\n(c) Property, Plant, and Equipment\n(d) Compensation—Retirement Benefits\n(e) Business Combinations\n(f) Consolidation.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:62ad0623c7baf1821c30d06d03ebfa3b2c1459b6e6f5a014f91c80ba4aed1e8e","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:20.867Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482474","source_sha256":"2091f6094a08929c808a4258a245c7e21064624a60a0673e07a68d868a3b1536"}},{"citation":"930-10-05-2","para":"05-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic provides overall guidance for extractive activities in the mining industry, including the identification of entities that fall within the scope of this Topic and definitions of industry terms.</div></div>","snippet":"This Subtopic provides overall guidance for extractive activities in the mining industry, including the identification of entities that fall within the scope of this Topic and definitions of industry terms.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f19916b3ed0a593a1bb2731ff2257b00e4fff849f5cf3ee2f65d1e1b65f29e60","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:20.867Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482474","source_sha256":"2091f6094a08929c808a4258a245c7e21064624a60a0673e07a68d868a3b1536"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d82555ab60117e23a84ffd368f6f161b2917bef41d9fbbae6c34dc4698fc636e","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:20.867Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482474","source_sha256":"2091f6094a08929c808a4258a245c7e21064624a60a0673e07a68d868a3b1536"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:406230ced6610223fc36ff23844feaaa78f1f5e9a50080a0e8cd9c8da4b22da7","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:20.867Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482474","source_sha256":"2091f6094a08929c808a4258a245c7e21064624a60a0673e07a68d868a3b1536"}},{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"930-10-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The Subtopics within the Extractive Activities—Mining Topic only provide incremental industry-specific guidance for the entities defined in this Scope Section, or as further defined in the Scope Section of the individual Subtopics. Entities within the scope of this Topic shall also comply with the applicable guidance not included in this Topic.</div></div>","snippet":"The Subtopics within the Extractive Activities—Mining Topic only provide incremental industry-specific guidance for the entities defined in this Scope Section, or as further defined in the Scope Section of the individual…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3d95f66b0d343ed0bd67cf256aa5b2c4afe235a635cba65070951bcd51c36eb","downloaded_from":"2026-09-10T02:12:24.834Z","last_downloaded_at":"2026-09-10T02:12:24.834Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482468","source_sha256":"40ba5e44f641ace9ecaa6eab1ba91a242b5ad7abdc381b69355630623a0c9e6f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:989fbd54955252b81f0b65e200128da89a7de7cb7545763703bd3d93edc4c83e","downloaded_from":"2026-09-10T02:12:24.834Z","last_downloaded_at":"2026-09-10T02:12:24.834Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482468","source_sha256":"40ba5e44f641ace9ecaa6eab1ba91a242b5ad7abdc381b69355630623a0c9e6f"}},{"block":null,"heading":"Entities","paragraphs":[{"citation":"930-10-15-2","para":"15-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E56FB156-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The Extractive Activities—Mining Topic provides guidance for all <a href=\"/glossary/m/#mining-entities\" class=\"term\" title=\"Mining entities include entities involved in finding and removing wasting natural resources (other than oil- and gas-producing entities that are within the scope of Topic 932).\"><span>mining entities</span></a>, with specific entity exceptions noted below. </span></span></div></div>","snippet":"The Extractive Activities—Mining Topic provides guidance for all mining entities, with specific entity exceptions noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bbf2659eb9fe2f8e21c9ef175c7380b904307d99293c0785c17ff5d62859c3c8","downloaded_from":"2026-09-10T02:12:24.834Z","last_downloaded_at":"2026-09-10T02:12:24.834Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482468","source_sha256":"40ba5e44f641ace9ecaa6eab1ba91a242b5ad7abdc381b69355630623a0c9e6f"}},{"citation":"930-10-15-3","para":"15-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Topic does not apply to the following entities:<ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\">Oil- and gas-producing entities. For guidance on these entities see Topic <a altsource=\"GUID-FF9D6350-FA56-49FB-A349-E5F0F3E2B5B8.ditamap\" class=\"ditamap\">932</a>.</div></li></ol></div></div>","snippet":"The guidance in this Topic does not apply to the following entities:\n(a) Oil- and gas-producing entities. For guidance on these entities see Topic 932.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aefb7be1b0328791cb417ccbb62f0a169aba74a18c48d57a963fa73f389ecce7","downloaded_from":"2026-09-10T02:12:24.834Z","last_downloaded_at":"2026-09-10T02:12:24.834Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482468","source_sha256":"40ba5e44f641ace9ecaa6eab1ba91a242b5ad7abdc381b69355630623a0c9e6f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4c8167d9a874547439fe1b22cacad378e9992aa3271bd0239caf8d6bbb081caa","downloaded_from":"2026-09-10T02:12:24.834Z","last_downloaded_at":"2026-09-10T02:12:24.834Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482468","source_sha256":"40ba5e44f641ace9ecaa6eab1ba91a242b5ad7abdc381b69355630623a0c9e6f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c84d37f8619a7f258d3d5f549838b27150d2c83896a1ea1a1ef24cf1d115133f","downloaded_from":"2026-09-10T02:12:24.834Z","last_downloaded_at":"2026-09-10T02:12:24.834Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482468","source_sha256":"40ba5e44f641ace9ecaa6eab1ba91a242b5ad7abdc381b69355630623a0c9e6f"}}],"enrichment":{"summary":"ASC 930-10 is the Overall subtopic of the Extractive Activities—Mining Topic; it identifies which entities fall within the Topic's scope and supplies definitions of mining industry terms. The Topic contains six subtopics (Overall, Inventory, Property Plant and Equipment, Compensation—Retirement Benefits, Business Combinations, and Consolidation) and provides only incremental industry-specific guidance, so mining entities must also apply all other applicable GAAP. It applies to all mining entities except oil- and gas-producing entities, which follow Topic 932.","key_points":["The Extractive Activities—Mining Topic comprises the Overall, Inventory, Property Plant and Equipment, Compensation—Retirement Benefits, Business Combinations, and Consolidation Subtopics (930-10-05-1).","The Overall Subtopic provides scope identification and definitions of industry terms for mining extractive activities (930-10-05-2).","The Subtopics provide only incremental industry-specific guidance; entities in scope must also comply with applicable guidance outside this Topic (930-10-15-1).","The Topic applies to all mining entities except those specifically excepted (930-10-15-2).","Oil- and gas-producing entities are excluded and instead follow Topic 932 (930-10-15-3(a))."],"categories":["Industry-specific","Inventory and PP&E","Business combinations","Consolidation"],"audience_level":"introductory","student_note":"This is a scope-and-roadmap subtopic: the common mistake is treating industry topics as self-contained, when in fact mining entities apply general GAAP plus these incremental rules, and oil and gas is a separate regime under Topic 932.","related_topics":["932","930-330","930-360","930-715","930-805","930-810"],"key_concepts":["mining entity","extractive activities","incremental industry-specific guidance","scope exception","oil- and gas-producing entities","industry definitions"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78dce793631e6d50719a4a0ebef21fbb29a33cb79f69eaa284981ad7d49f67cd","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:28.386Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"330-930","title":"Extractive Activities—Mining","topic_title":"Inventory","score":0.7388,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7da70b9a4dadfe74cbad9715881ab29039e0bceb738907511cb31be99c3756ee","downloaded_from":"2026-09-09T23:52:57.013Z","last_downloaded_at":"2026-09-09T23:53:06.919Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"810-930","title":"Extractive Activities—Mining","topic_title":"Consolidation","score":0.7046,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:81974f15d20e7a0a6ba5f6e4808a62f439533e0f0de675221506f167052c0554","downloaded_from":"2026-09-10T01:30:58.491Z","last_downloaded_at":"2026-09-10T01:31:02.882Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"280-932","title":"Extractive Activities—Oil and Gas","topic_title":"Segment Reporting","score":0.6778,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9984433e011475a4dab6fc3712206161f6109855b1e1ff2e85aff24e2fa5c505","downloaded_from":"2026-09-09T23:23:29.240Z","last_downloaded_at":"2026-09-09T23:23:35.523Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-932","title":"Extractive Activities—Oil and Gas","topic_title":"Intangibles—Goodwill and Other","score":0.6765,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:23781baa85128ebaed61efa8501f39710575cfe078fc9bbe019ee223a2f59cdf","downloaded_from":"2026-09-10T00:04:39.480Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"805-930","title":"Extractive Activities—Mining","topic_title":"Business Combinations","score":0.6765,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cc7df7cb2405f0b0abc832cc4f1a00587b5a9d1c0f793157b1d9b5f1632fd28a","downloaded_from":"2026-09-10T01:26:18.388Z","last_downloaded_at":"2026-09-10T01:26:26.818Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"810-932","title":"Extractive Activities—Oil and Gas","topic_title":"Consolidation","score":0.6669,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ce1a1f5d73f990483911dd35836bfe4f97cd7fe5be7c0a20d47c6e249268416d","downloaded_from":"2026-09-10T01:31:06.373Z","last_downloaded_at":"2026-09-10T01:31:16.096Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"928-10","title":"Overall","topic_title":"Entertainment—Music","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:22f471debb0a5fdf007ada840afa0133b69139d4abb6f0c213fef1d207dfe462","downloaded_from":"2026-09-10T02:12:12.808Z","last_downloaded_at":"2026-09-10T02:12:18.919Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"932-10","title":"Overall","topic_title":"Extractive Activities—Oil and Gas","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d00e1ce039e569f97256d0236b68d048007084386ee9d9e4ea9cd58bc3ce9fb8","downloaded_from":"2026-09-10T02:12:30.356Z","last_downloaded_at":"2026-09-10T02:13:16.025Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b1f13adf0025806ff5b634c5ce1361cd240d3cec1bfb480af5e6564b8ae3e12","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:28.386Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"paragraphs":5,"summary":"ASC 93X covers extractive activities, split between mining (Topic 930) and oil and gas (Topic 932). The digest here addresses ASC 930-10, the Overall subtopic for Extractive Activities—Mining, which defines the Topic's scope and mining industry terminology and identifies its six subtopics: Overall, Inventory, Property Plant and Equipment, Compensation—Retirement Benefits, Business Combinations, and Consolidation (930-10-05-1). The key idea is that this guidance is only incremental industry-specific guidance—mining entities must also comply with all other applicable GAAP outside the Topic (930-10-15-1)—and it applies to all mining entities except oil- and gas-producing entities, which instead follow Topic 932 (930-10-15-2; 930-10-15-3(a)).","concepts":["extractive activities—mining","scope of topic 930","incremental industry-specific guidance","mining entity","oil- and gas-producing entities scope exception","definitions of mining industry terms","subtopic structure"],"categories":["Industry-specific","Inventory and PP&E","Business combinations"],"level":"introductory","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:87cb5660c9be1b6b0968615902357c0cf8ff6d09afb5d9f89b1b8d7bc368f292","downloaded_from":"2026-09-10T02:12:20.867Z","last_downloaded_at":"2026-09-10T02:12:28.386Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}