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INVENTORIES
 12 Months Ended
Dec. 31, 2015
INVENTORIES  
INVENTORIES

NOTE 4 INVENTORIES

Inventories at December 31, 2015 and 2014 consist of the following:

 

 

 

 

 

 

 

 

 

    

December 31, 2015

    

December 31, 2014

 

Ore on leach pads

    

$
7,150

    

$
6,221

 

In-process inventory

 

 
2,830

 

 
2,302

 

Stockpiles

 

 
1,923

 

 

 —

 

Precious metals

 

 
1,820

 

 
2,403

 

Materials and supplies

 

 
1,252

 

 
1,478

 

Total Inventories

 

$
14,975

 

$
12,404

 

 

During the year ended December 31, 2015, no write-downs of inventory were recorded by the Company.  During the year ended December 31, 2014, write-downs for an aggregate of $2.0 million were included as a component of Production Costs Applicable to Sales, to reduce the carrying value of ore on leach pads inventory, in-process inventory, and precious metals inventory to their net realizable value.