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INVENTORIES:
6 Months Ended
Jun. 30, 2016
INVENTORIES:  
INVENTORIES:

NOTE 3 - INVENTORIES:

 

Inventories were as follows ($ in millions):

 

 

 

At June 30,
2016

 

At December 31,
2015

 

Inventory, current:

 

 

 

 

 

Metals at average cost:

 

 

 

 

 

Finished goods

 

$

145.1 

 

$

104.1 

 

Work-in-process

 

176.2 

 

188.6 

 

Ore stockpiles on leach pads

 

300.0 

 

243.2 

 

Supplies at average cost

 

358.1 

 

321.3 

 

 

 

 

 

 

 

Total current inventory

 

$

979.4 

 

$

857.2 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Inventory, non-current:

 

 

 

 

 

Ore stockpiles on leach pads

 

$

776.4 

 

$

752.3 

 

 

 

 

 

 

 

 

 

 

During the six months ended June 30, 2016 and 2015 total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $238.5 million and $232.4 million, respectively. Leaching inventories recognized in cost of sales amounted to $157.5 million and $114.0 million for the six months ended June 30, 2016 and 2015, respectively.