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INVENTORIES
 12 Months Ended
Dec. 31, 2019
INVENTORIES  
INVENTORIES

 8. INVENTORIES

 

 

 

 

 

 

    

As at

    

As at

 

 

December 31

 

December 31

(in millions of U.S. dollars)

    
2019

    
2018

INVENTORIES

 

  

 

  

Stockpile ore(3)

 

32.6

 

74.3

Work-in-process

 

8.3

 

7.7

Finished goods(1)

 

12.5

 

25.4

Supplies

 

56.6

 

49.3

 

 

110.0

 

156.7

Less: non-current inventories(2)

 

 —

 

(14.9)

Total current inventories

 

110.0

 

141.8

1.

The amount of inventories recognized in operating expenses for the year ended December 31, 2019 was $358.0 million (2018 - $311.6 million).

2.

Non-current inventories consist of low-grade stockpiled inventories at Rainy River.

3.

For the year ended December 31, 2019, the Company wrote down $19.8 million of stockpile ore at Rainy River, of which $14.1 million was included in operating expenses and $5.7 million was included in depreciation and depletion, primarily resulting from the write down of the low-grade stockpile.