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INVENTORIES
6 Months Ended
Jun. 30, 2022
INVENTORIES  
INVENTORIES

NOTE 7 INVENTORIES

Inventories at June 30, 2022 and December 31, 2021 consisted of the following:

    

June 30, 2022

    

December 31, 2021

Material on leach pads

$

7,990

$

4,660

In-process inventory

 

3,116

 

3,049

Stockpiles

 

8,123

 

5,105

Precious metals

 

1,624

 

1,819

Materials and supplies

 

6,247

 

3,702

$

27,100

$

18,335

Less long-term portion

(8,339)

(2,543)

Current portion

$

18,761

$

15,792

During the six months ended June, 2022, inventory at the Black Fox, El Gallo and Gold bar operation were written down to their net realizable value by $1.6 million, $4.3 million and $nil respectively. During the six months ended June 30, 2021, inventory at the Black Fox, El Gallo and Gold bar operation were written down to their net realizable value by $nil, $0.8 million and $2.2 million respectively. Of these write-downs, a total of $5.6 million (six months ended June 30, 2021 – $2.9 million) were included in production costs applicable to sales and $0.3 million was included in depreciation and depletion (six months ended June 30, 2021 - $0.1 million) in the Statement of Operations.