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Financial Reporting in the Global Mining Industry IAS Pluscomprehensive global accounting standards for the industry are clearly a long way off. Ongoing convergence of accounting standards around the world has helped to narrow some of the accounting differences found in the mining industry, for instance, in areas such as accounting for site reclamation and business combinations.Types of Machinery in the Quarry Industry Chron.comA quarry is a site where a stone or gravel producer extracts a variety of raw materials from the earth. Common types of material extracted in quarrying activities include limestone, granite and sand.

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