v3.26.1
Concentrate and Ore Inventories
6 Months Ended
Jun. 30, 2026
INVENTORIES  
CONCENTRATE AND ORE INVENTORIES

NOTE 2 – CONCENTRATE AND ORE INVENTORIES

Inventories are carried at the lower of cost or fair value and consist of mined tonnage, gravity-flotation concentrates, and gravity tailings (or, flotation feed material). Inventory balances as of June 30, 2026 and December 31, 2025, respectively, were as follows:

 

 

 

June 30, 2026

 

 

December 31, 2025

 

Mined tonnage

 

$

871,514

 

 

$

899,302

 

Gold-Silver concentrates

 

 

616,598

 

 

 

696,061

 

Total inventories

 

$

1,488,112

 

 

$

1,595,363