Common use of Accounts and Information Clause in Contracts

Accounts and Information. ‌ The Operator must: (a) in accordance with International Financial Reporting Standards issued by the IFRS Foundation and the International Accounting Standards Board, keep and maintain such books of account and accounting records in relation to the Joint Venture; (b) at the request, made at any time and from time to time, and at the expense of a Participant, the Operator must allow the books of account and accounting records (whether embodied in tangible or electronic form) referred to in Section 6.16(a) to be audited by an auditor (which may be the auditor of the Participant concerned) nominated by that Participant; (c) prepare, have audited by its auditor and deliver to the Participants a set of accounts (together with the auditor’s report on those accounts) for the Joint Venture in respect of each Financial Year; (d) make all technical and other information (including all samples and drill cores and assay results), data, statistics and reports and insurance policies (whether embodied in tangible or electronic form) related to the Joint Venture and the Joint Venture Property available at all reasonable times for inspection by the Participants and must promptly furnish copies of those documents to a Participant requesting the same, at that Participant’s expense; and (e) keep the non-operating Participant generally informed concerning all material operations and other material activities affecting the Joint Venture Property. All costs and expenses documented and reasonably incurred by the Operator in complying with this Section 6.16 will (unless by this Section to be borne by a particular Participant) be Joint Venture Expenditure whether or not included in an Approved Program and Budget.

Accounts and Information. ‌ The Operator must: (a1) in accordance with International Financial Reporting Standards issued by the IFRS Foundation and Accounting Procedure or where the International Accounting Standards BoardProcedure is not applicable, in accordance with applicable generally accepted accounting practice in the mining industry, keep and maintain such books of account and accounting records in relation to the Joint VentureVenture as would normally be kept by an Operator under the same or similar circumstances; (b2) at the request, made at any time and from time to time, and at the expense of a Participant, Participant the Operator must allow the books of account and accounting records (whether embodied in tangible or electronic form) referred to in Section 6.16(aclause 7.16(1) to be audited by an auditor (which may be the auditor of the Participant concerned) nominated by that Participant; (c3) prepare, have audited by its auditor and deliver to the Participants a set of accounts (together with the auditor’s report on those accounts) for the Joint Venture Venture: (a) in respect of each Financial Year;; and (db) at the direction of a Participant, in respect of a financial year of a Participant if that financial year comprises a period different to the Financial Year, and all costs incurred in the Operator complying with this clause 7.16(3) will be Joint Venture Expenditure; and (4) make all technical and other information (including all samples and drill cores and assay results), data, statistics and reports and insurance policies (whether embodied in tangible or electronic form) related to the Joint Venture and the Joint Venture Property available at all reasonable times for inspection by the Participants and must promptly furnish copies of those documents to a Participant requesting the same, at that Participant’s expense; and (e) keep the non-operating Participant generally informed concerning . Except as provided in clause 7.16(4), all material operations and other material activities affecting the Joint Venture Property. All costs and expenses documented and reasonably incurred by the Operator in complying with this Section 6.16 clause 7.16 will (unless by this Section to be borne by a particular Participant) be Joint Venture Expenditure whether or not included in an Approved Program and Budget.

Accounts and Information. ‌ The Operator must: (a) in accordance with International Financial Reporting Standards issued by the IFRS Foundation and the International Accounting Standards Board, keep and maintain such books of account and accounting records in relation to the Joint Venture; (b) at the request, made at any time and from time to time, and at the expense of a Participant, the Operator must allow the books of account and accounting records (whether embodied in tangible or electronic form) referred to in Section 6.16(a) to be audited by an auditor (which may be the auditor of the Participant concerned) nominated by that Participant; (c) prepare, have audited by its auditor and deliver to the Participants a set of accounts (together with the auditor’s report on those accounts) for the Joint Venture in respect of each Financial Year; (d) make all technical and other information (including all samples and drill cores and assay results), data, statistics and reports and insurance policies (whether embodied in tangible or electronic form) related to the Joint Venture and the Joint Venture Property available at all reasonable times for inspection by the Participants and must promptly furnish copies of those documents to a Participant requesting the same, at that Participant’s expense; and (e) keep the non-operating Participant generally informed concerning all material operations and other material activities affecting the Joint Venture Property. All costs and expenses documented and reasonably incurred by the Operator in complying with this Section 6.16 will (unless by this Section to be borne by a particular Participant) be Joint Venture Expenditure whether or not included in an Approved Program and Budget.