Inventory and Ore on Leach Pads

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

INVENTORY AND ORE ON LEACH PADS

INVENTORY AND ORE ON LEACH PADS

        Inventory consists of the following:

In thousands	June 30, 2020		December 31, 2019
Inventory:
Concentrate	$	2,897	$	6,557
Precious metals	15,272		14,040
Supplies	34,583		35,289
	52,752		55,886
Ore on leach pads:
Current	75,111		66,192
Non-current	78,605		71,539
	153,716		137,731
Long-term stock pile	$	2,809	$	—
Total inventory and ore on leach pads	$	209,277	$	193,617

        Prior to the temporary suspension of mining activities at Silvertip, Silvertip recognized inventory write-downs of $12.5 million in the six months ended June 30, 2020, which is recognized in Costs applicable to sales, as a result of lower than expected production levels, grades and recovery rates as well as reduced process plant availability.