v3.25.1
INVENTORIES:
3 Months Ended
Mar. 31, 2025
INVENTORIES:  
INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

At March 31, 

At December 31, 

(in millions)

    

2025

    

2024

Inventory, current:

Metals at average cost:

Finished goods

$

62.4

$

55.9

Work-in-process

 

251.7

 

343.8

Ore stockpiles on leach pads  

231.0

217.2

Supplies at average cost

 

421.1

 

431.9

Total current inventory

$

966.1

$

1,048.9

Inventory, long-term:

Ore stockpiles on leach pads

$

1,143.3

$

1,145.8

During the three-month period ended March 31, 2025 and 2024, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $69.2 million and $66.2 million, respectively. Leaching inventories recognized in cost of sales amounted to $58.0 million and $53.7 million for the three months ended March 31, 2025 and 2024, respectively.