INVENTORIES:

6 Months Ended

Jun. 30, 2024

INVENTORIES:

INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

	At June 30,		At December 31,
(in millions)	2024		2023
Inventory, current:
Metals at average cost:
Finished goods	$	58.9	$	68.8
Work-in-process		308.4		313.0
Ore stockpiles on leach pads		227.6		230.9
Supplies at average cost		422.3		404.2
Total current inventory	$	1,017.2	$	1,016.9
Inventory, long-term:
Ore stockpiles on leach pads	$	1,146.4	$	1,121.7

During the six-month period ended June 30, 2024 and 2023, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $128.8 million and $147.0 million, respectively. Leaching inventories recognized in cost of sales amounted to $107.5 million and $141.4 million for the six months ended June 30, 2024 and 2023 respectively.