INVENTORIES

9 Months Ended

Sep. 30, 2023

The components of Inventories for the periods ended September 30, 2023 and December 31, 2022 are as follows (in thousands):


	September 30, 2023		December 31, 2022
Materials and supplies	$	109,228	$	103,380
Stockpiled ore		69,774		54,504
Leach pad inventory		323,570		300,715
Work-in-process		8,690		7,549
Finished goods		21,369		35,459
Total current inventories		532,631		501,607

Stockpiled ore		214,074		217,154
Materials and supplies		1,687		1,845
Total non-current inventories	$	215,761	$	218,999

During the three months ended September 30, 2023, the Company recognized write-downs of leach pad inventory at Çöpler of $7.2 million, with $5.0 million classified as a component of Cost of sales and $2.2 million classified as a component of Depreciation, depletion and amortization. During the nine months ended September 30, 2023, the Company recognized write-downs of leach pad inventory at Çöpler of $9.2 million, with $6.3 million classified as a component of Cost of sales and $2.9 million classified as a component of Depreciation, depletion and amortization. No write-down of inventory was recognized during the three and nine months ended September 30, 2022.