INVENTORIES

6 Months Ended

Jun. 30, 2020

INVENTORIES

INVENTORIES

NOTE 8 INVENTORIES

Inventories at June 30, 2020 and December 31, 2019 consisted of the following:

	June 30, 2020		December 31, 2019
Material on leach pads	$	29,632	$	37,328
In-process inventory		3,770		3,847
Stockpiles		696		1,384
Precious metals		739		1,038
Materials and supplies		4,432		4,382
Inventories	$	39,269	$	47,979
Less current portion		33,371		38,376
Long-term portion	$	5,898	$	9,603

During the three and six months ended June 30, 2020, the inventory of the Black Fox Mine was written down to its net realizable value. The write-down was $1.9 million, of which $1.5 million was included in production costs applicable to sales (three and six months ended June 30, 2019 - $nil). In addition, the inventory of the Gold Bar Mine was also written down to its net realizable value in the first quarter of 2020. The write-down was $1.2 million, of which $1.1 million was included in production costs applicable to sales (three and six months ended June 30, 2019 - $nil).