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INVENTORIES

6 Months Ended

Jun. 30, 2021

INVENTORIES

NOTE 7 INVENTORIES

Inventories at June 30, 2021 and December 31, 2020 consisted of the following:


		June 30, 2021			December 31, 2020
Material on leach pads		$	12,758		$	21,003
In-process inventory			6,098			3,922
Stockpiles			2,736			635
Precious metals			1,696			1,344
Materials and supplies			4,858			4,845
Inventories		$	28,146		$	31,749
Less current portion			25,430			26,964
Long-term portion		$	2,716		$	4,785

During the first quarter of 2021, the inventory of Gold Bar and El Gallo were written down to their net realizable value by $2.2 million and by $0.8 million at El Gallo during the three months ended June 30, 2021. During the three and six months ended June 30, 2020, the inventory at the Black Fox Mine was written down to its net realizable value by $1.9 million and at Gold Bar during the first quarter of 2020 by $1.2 million. Of these write-downs, a total of $2.9 million (three and six months ended June 30, 2020 – $2.6 million) was included in production costs applicable to sales and $0.1 million was included in depreciation and depletion (three and six months ended June 30, 2020 - $0.5 million) in the Statement of Operations.