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Inventories
12 Months Ended
Dec. 31, 2023
Subclassifications of assets, liabilities and equities [abstract]  
Inventories
12. INVENTORIES
Inventories consist of: 
 December 31,
2023
December 31,
2022
Concentrate inventory$21.3 $31.3 
Stockpile ore67.2 31.3 
Heap leach inventory and in process338.6 258.8 
Doré and finished inventory121.1 86.8 
Materials and supplies191.2 89.7 
Total inventories739.4 497.9 
Less: current portion of inventories(711.6)(471.6)
Non-current portion inventories(1)
$27.8 $26.3 
(1)Includes $20.5 million (2022 - $19.0 million) in supplies at the Escobal mine, which have been classified as non-current pending the restart of operations.
Total inventories held at net realizable value amounted to $170.0 million at December 31, 2023 (2022 – $135.8 million). The Company recorded recoveries of $31.8 million for the year ended December 31, 2023 (2022 – write-downs of $97.7 million) which were related primarily to heap leach inventories and were included in cost of sales (Note 24).
A portion of the stockpile ore amounting to $0.7 million (2022 - $0.9 million) and a portion of the heap leach inventory amounting to $70.1 million (2022 - $53.9 million) is expected to be recovered or settled after more than twelve months.