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INVENTORIES
12 Months Ended
Dec. 31, 2022
INVENTORIES  
INVENTORIES

NOTE 7 INVENTORIES

Inventories at December 31, 2022 and 2021 consist of the following:

    

December 31, 2022

    

December 31, 2021

Material on leach pads

$

7,571

$

4,660

In-process inventory

 

3,674

 

3,049

Stockpiles

 

15,392

 

5,105

Precious metals

 

2,119

 

1,819

Materials and supplies

 

5,411

 

3,702

$

34,167

$

18,335

Less long-term portion

(2,432)

(2,543)

31,735

15,792

During the year ended December 31, 2022, inventory at the Fox Complex, El Gallo mine and Gold Bar Mine were written down to their estimated net realizable value by $2.4 million, $4.6 million and $nil respectively. During the year ended December 31, 2021, the inventory at the Fox Complex, El Gallo mine and Gold Bar Mine were written down to their net realizable value by $2.1 million, $3.3 million, and $1.4 million respectively. Of these write-downs, a total of $6.4 million was included in production costs applicable to sales (December 31, 2021 - $6.0 million) and $0.6 million was included in depreciation and depletion (December 31, 2021 - $0.8 million) in the Statement of Operations.