v3.26.1
INVENTORIES:
6 Months Ended
Jun. 30, 2026
INVENTORIES:  
INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

At June 30, 

At December 31, 

(in millions)

  ​ ​ ​

2026

  ​ ​ ​

2025

Inventory, current:

Metals at average cost:

Finished goods

$

61.4

$

68.3

Work-in-process

 

330.9

 

327.9

Ore stockpiles on leach pads  

248.9

238.6

Supplies at average cost

 

419.7

 

423.3

Total current inventory

$

1,060.9

$

1,058.1

Inventory, long-term:

Ore stockpiles on leach pads

$

1,064.9

$

1,114.5

During the six-month periods ended June 30, 2026 and 2025, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $100.2 million and $128.2 million, respectively. Leaching inventories recognized in cost of sales amounted to $139.6 million and $113.6 million for the six months ended June 30, 2026 and 2025, respectively.