Australian Accounting Standard AASB 6 'Exploration for and Evaluation of Mineral Resources' requires the use of the area-of-interest method in accounting for pre-production costs of a mining operation.This method is a special form of the:

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The area-of-interest method is a special form of the successful-efforts method, which is used to account for pre-production costs in the mining industry. Under this method, exploration and evaluation costs are capitalized only if they result in the discovery of a mineral resource and are directly attributable to the discovery. If no mineral resource is discovered, these costs are expensed immediately. This is in contrast to the full-cost method, which capitalizes all exploration and evaluation costs, regardless of whether a mineral resource is discovered. The expense-and-reinstatement method and the expense (costs written-off) method are not applicable to the accounting for pre-production costs in the mining industry.