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INVENTORIES:
3 Months Ended
Mar. 31, 2023
INVENTORIES:  
INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

At March 31, 

At December 31, 

(in millions)

    

2023

    

2022

Inventory, current:

Metals at average cost:

Finished goods

$

66.5

$

78.5

Work-in-process

 

289.8

 

330.5

Ore stockpiles on leach pads  

260.2

259.7

Supplies at average cost

 

365.3

 

345.2

Total current inventory

$

981.8

$

1,013.9

Inventory, long-term:

Ore stockpiles on leach pads

$

1,066.9

$

1,064.3

During the three months ended March 31, 2023 and 2022, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $75.3 million and $61.5 million, respectively. Leaching inventories recognized in cost of sales amounted to $72.3 million and $76.0 million for the three months ended March 31, 2023 and 2022 respectively.