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Inventories (Tables) | 12 Months Ended
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Dec. 31, 2024
INVENTORIES [Abstract] |
Schedule of inventories |
| As at December 31 | As at December 31
(in millions of U.S. dollars) | 2024 | 2023
INVENTORIES |  |
Stockpile ore | 45.2 |  | 34.1 |
Work-in-process | 17.1 |  | 5.3 |
Finished goods(1) | 14.4 |  | 16.8 |
Supplies | 74.6 |  | 70.5 |
Total inventories | 151.3 |  | 126.7 |
Less: non-current stockpile inventories | (32.6) |  | — |
Total current inventories(2) | 118.7 |  | 126.7 |
1.The amount of inventories recognized in operating expenses for the year ended December 31, 2024 was $421.1 million (2023 - $436.2 million). 2.During the year ended December 31, 2024, the Company reversed the previously recorded $19.8 million write-down of low-grade stockpile.

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