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INVENTORIES
9 Months Ended
Sep. 30, 2024
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
The components of Inventories are as follows (in thousands):
September 30, 2024December 31, 2023
Materials and supplies$116,072 $104,217 
Stockpiled ore 58,406 77,142 
Leach pad inventory297,352 305,271 
Work-in-process 6,289 7,189 
Finished goods16,499 21,324 
Total current inventories
494,618 515,143 
Stockpiled ore 253,073 218,139 
Materials and supplies— 1,669 
Total non-current inventories 
$253,073 $219,808 
No write-down of inventory was recognized during the three months ended September 30, 2024.
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, 2024, following the Çöpler Incident, the Company recognized an impairment of leach pad inventory at Çöpler of $76.0 million classified as a component of Impairment charges. See Note 3 for further information relating to the impairment of inventories.
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 in the Condensed Consolidated Statements of Operations.