INVENTORIES:

6 Months Ended

Jun. 30, 2023

INVENTORIES:

INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

	At June 30,		At December 31,
(in millions)	2023		2022
Inventory, current:
Metals at average cost:
Finished goods	$	55.6	$	78.5
Work-in-process		303.9		330.5
Ore stockpiles on leach pads		252.3		259.7
Supplies at average cost		373.5		345.2
Total current inventory	$	985.3	$	1,013.9
Inventory, long-term:
Ore stockpiles on leach pads	$	1,077.4	$	1,064.3

During the six months ended June 30, 2023 and 2022, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $147.0 million and $129.2 million, respectively. Leaching inventories recognized in cost of sales amounted to $141.4 million and $144.1 million for the six months ended June 30, 2023 and 2022 respectively.