INVENTORIES:

9 Months Ended

Sep. 30, 2024

INVENTORIES:

INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

	At September 30,		At December 31,
(in millions)	2024		2023
Inventory, current:
Metals at average cost:
Finished goods	$	60.3	$	68.8
Work-in-process		292.9		313.0
Ore stockpiles on leach pads		224.6		230.9
Supplies at average cost		412.6		404.2
Total current inventory	$	990.5	$	1,016.9
Inventory, long-term:
Ore stockpiles on leach pads	$	1,143.7	$	1,121.7

During the nine month period ended September 30, 2024 and 2023, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $189.8 million and $218.0 million, respectively. Leaching inventories recognized in cost of sales amounted to $174.1 million and $207.4 million for the nine months ended September 30, 2024 and 2023 respectively.