STOCKPILES AND ORE ON LEACH PADS

9 Months Ended

Sep. 30, 2015

NOTE 18 STOCKPILES AND ORE ON LEACH PADS


	At September 30,		At December 31,
	2015		2014
Current:
Stockpiles	$	520	$	445
Ore on leach pads		262		221
	$	782	$	666
Long-term:
Stockpiles	$	2,619	$	2,599
Ore on leach pads		395		221
	$	3,014	$	2,820


	At September 30,		At December 31,
	2015		2014
Stockpiles and ore on leach pads:
Carlin	$	408	$	399
Phoenix		104		103
Twin Creeks		308		285
CC&V		220		—
Yanacocha		480		459
Boddington		391		390
Tanami		8		14
Waihi		1		2
Kalgoorlie		109		116
Batu Hijau		1,215		1,242
Ahafo		433		376
Akyem		116		100
Corporate and Other		3		—
	$	3,796	$	3,486

During the three and nine months ended September 30, 2015, the Company recorded write-downs of $62 and $159, respectively, classified as Costs applicable to sales and write-downs of $32 and $76 classified as Depreciation and amortization, respectively, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Adjustments to net realizable value are a result of current and prior stripping costs and higher estimated future processing costs. Of the write-downs in the third quarter of 2015, $47 is related to Carlin, $10 to Twin Creeks, and $37 to Yanacocha. Of the write-downs in the first nine months of 2015, $121 is related to Carlin, $17 to Twin Creeks, $21 to Boddington and $76 to Yanacocha.

Corporate and Other includes stockpile amounts related to Merian.