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INVENTORIES:
12 Months Ended
Dec. 31, 2024
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

At December 31, 

(in millions)

2024

    

2023

Inventory, current:

Metals at average cost:

Finished goods

$

55.9

$

68.8

Work-in-process

 

343.8

 

313.0

Ore stockpiles on leach pads  

217.2

230.9

Supplies at average cost

 

431.9

 

404.2

Total current inventory

$

1,048.9

$

1,016.9

Inventory, long-term:

Ore stockpiles on leach pads

$

1,145.8

$

1,121.7

Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $249.5 million, $291.6 million and $264.3 million in 2024, 2023 and 2022, respectively. Long-term leaching inventories recognized as cost of sales amounted to $239.0 million, $263.0 million and $297.5 million in 2024, 2023 and 2022, respectively.