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INVENTORIES:
6 Months Ended
Jun. 30, 2025
INVENTORIES:  
INVENTORIES:

NOTE 3 — INVENTORIES:

Inventories were as follows:

At June 30, 

At December 31, 

(in millions)

    

2025

    

2024

Inventory, current:

Metals at average cost:

Finished goods

$

56.6

$

55.9

Work-in-process

 

303.9

 

343.8

Ore stockpiles on leach pads  

228.3

217.2

Supplies at average cost

 

416.3

 

431.9

Total current inventory

$

1,005.2

$

1,048.9

Inventory, long-term:

Ore stockpiles on leach pads

$

1,149.3

$

1,145.8

During the six-month periods ended June 30, 2025 and 2024, total leaching costs capitalized as non-current inventory of ore stockpiles on leach pads amounted to $128.2 million and $128.8 million, respectively. Leaching inventories recognized in cost of sales amounted to $113.6 million and $107.5 million for the six months ended June 30, 2025 and 2024, respectively.