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INVENTORIES:
12 Months Ended
Dec. 31, 2023
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

At December 31, 

(in millions)

2023

    

2022

Inventory, current:

Metals at average cost:

Finished goods

$

68.8

$

78.5

Work-in-process

 

313.0

 

330.5

Ore stockpiles on leach pads  

230.9

259.7

Supplies at average cost

 

404.2

 

345.2

Total current inventory

$

1,016.9

$

1,013.9

Inventory, long-term:

Ore stockpiles on leach pads

$

1,121.7

$

1,064.3

Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $291.6 million, $264.3 million and $247.4 million in 2023, 2022 and 2021, respectively. Long-term leaching inventories recognized as cost of sales amounted to $263.0 million, $297.5 million and $313.7 million in 2023, 2022 and 2021, respectively.