INVENTORIES

3 Months Ended

Mar. 31, 2021

INVENTORIES

INVENTORIES

NOTE 7 INVENTORIES

Inventories at March 31, 2021 and December 31, 2020 consisted of the following:

	March 31, 2021		December 31, 2020
Material on leach pads	$	21,200	$	21,003
In-process inventory		3,377		3,922
Stockpiles		2,537		635
Precious metals		1,560		1,344
Materials and supplies		4,235		4,845
Inventories	$	32,909	$	31,749
Less current portion		27,910		26,964
Long-term portion	$	4,999	$	4,785

During the three months ended March 31, 2021, the inventory of Gold Bar and El Gallo were written down to their net realizable value by $1.4 million (March 31, 2020 - $1.2); and $0.8 (March 31, 2020 - $nil), respectively. Of these write-downs, a total of $2.1 million (March 31, 2020 – $1.0 million) was included in production costs applicable to sales and $0.1 million was included in depreciation and depletion (March 31, 2020 - $0.2 million) in the Statement of Operations.