XML 23 R11.htm IDEA: XBRL DOCUMENT v3.23.3
Inventory and Ore on Leach Pads
 9 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
INVENTORY AND ORE ON LEACH PADS INVENTORY AND ORE ON LEACH PADS    Inventory consists of the following:
In thousandsSeptember 30, 2023December 31, 2022
Inventory:
Concentrate$1,357 $2,869 
Precious metals15,924 12,636 
Supplies49,423 46,326 
$66,704 $61,831 
Ore on Leach Pads:
Current$114,314 $82,958 
Non-current36,627 51,268 
$150,941 $134,226 
Long-term Stockpile (included in Other)
$41,990 $28,840 
Total Inventory and Ore on Leach Pads$259,635 $224,897 
    Coeur reports the carrying value of metal and leach pad inventory at the lower of cost or net realizable value, with cost being determined using a weighted average cost method. During the first nine months of 2023, the cost of stock pile, leach pad and metal inventory at Rochester exceeded its net realizable value, which resulted in non-cash write down for the three and nine months ended September 30, 2023 of $8.9 million ($7.7 million was recognized in Costs applicable to sales and $1.2 million in Amortization) and $25.3 million ($22.4 million was recognized in Costs applicable to sales and $2.9 million in Amortization), respectively.