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INVENTORIES

12 Months Ended

Dec. 31, 2023

6. INVENTORIES


As at	Note	December 31, 2023		December 31, 2022
Concentrate stockpiles		$	1,328	$	2,161
Doré bars			273		4,494
Leach pad and gold-in-circuit			27,527		31,649
Ore stockpiles			73,015		52,692
Materials and supplies			53,235		44,476
Total inventories		$	155,378	$	135,472
Less: non-current portion	10		(39,553)		(43,439)
Current inventories		$	115,825	$	92,033

During the year ended December 31, 2023, the Company expensed $584.6 million of inventories to cost of sales (December 31, 2022 - $481.5 million).

During the year ended December 31, 2023, a charge of $6.2 million (December 31, 2022 – charge of $8.9 million) was recognized to reduce low grade stockpiles at Lindero and Yaramoko to net realizable value. This includes a charge of $2.3 million (December 31, 2022 – charge of $3.4 million) related to depletion and depreciation.

During the year ended December 31, 2023, the Company completed an assessment of its consumption plan for the materials in the warehouse and set up a provision of $10.1 million ($3.0 million Yaramoko, $4.6 million San Jose and $2.5 million at Lindero) related to inventory obsolescence.