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Inventory | 12 Months Ended
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Dec. 31, 2020
Disclosure of inventories [Abstract] |
Inventory |
6. | INVENTORY
| December 31, 2020 | December 31, 2019
In-process precious metals | $72.7 |  | $59.0 |
Ore in stockpiles | 30.8 |  | 33.4 |
Parts and supplies | 53.0 |  | 49.2 |
Dore, and refined precious metals | 9.9 |  | 11.0 |
| 166.4 |  | 152.6 |
Less: Long-term inventory | (17.9) |  | (25.7) |
| $148.5 |  | $126.9 |
Long term inventory consists of long-term stockpiles which are expected to be recovered after one year. The amount of inventories recognized in mining and processing costs for the year ended December 31, 2020, was $319.9 million (December 31, 2019- $345.4 million). The amount of inventories recognized in amortization costs for the year ended December 31, 2020, was $152.7 million (December 31, 2019- $165.0 million). During the second quarter of 2020, the Company temporarily suspended operations at Island Gold and Mulatos due to the COVID-19 pandemic. As a result, indirect production costs that exceeded normal operating capacity were expensed as incurred and not including in the inventory valuation. The Company identified indirect production costs of gold of $5.4 million that were expensed as incurred and not included in inventory in the second quarter of 2020. In addition, amortization costs of $1.1 million were reclassified to COVID-19 costs in the second quarter of 2020. All operating costs incurred subsequent to the mine-sites returning to planned operating levels have been included in mining and processing costs. As a result, there were no amounts classified as COVID-19 costs subsequent to June 30, 2020.

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