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INVENTORIES:
 9 Months Ended
Sep. 30, 2016
INVENTORIES:  
INVENTORIES:

 

NOTE 3 - INVENTORIES:

 

Inventories were as follows ($ in millions):

 

 

At September 30,
2016

 

At December 31,
2015

 

Inventory, current:

 

 

 

 

 

Metals at average cost:

 

 

 

 

 

Finished goods

 

$
115.8 

 

$
104.1 

 

Work-in-process

 
196.5 

 
188.6 

 

Ore stockpiles on leach pads

 
304.2 

 
243.2 

 

Supplies at average cost

 
356.1 

 
321.3 

 

 

 

 

 

 

 

Total current inventory

 

$
972.6 

 

$
857.2 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Inventory, non-current:

 

 

 

 

 

Ore stockpiles on leach pads

 

$
786.6 

 

$
752.3 

 

 

 

 

 

 

 

 

 

 

During the nine months ended September 30, 2016 and 2015, total leaching costs added as non-current inventory of ore stockpiles on leach pads amounted to $329.4 million and $360.0 million, respectively. Leaching inventories recognized in cost of sales amounted to $234.1 million and $172.8 million for the nine months ended September 30, 2016 and 2015, respectively.