| Yanacocha Project |
|
Yanacocha |
|
Country |
Peru
|
|
Province |
Andes mountain |
|
|
|
Close to |
Cajamarca |
|
Status |
PRODUCTION
|
|
|
|
|
|
|
|
|
Latitude / Longitude |
6 S 59 / 78 W 31 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the Yanacocha Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the Yanacocha Project |
 | Newmont Mining Corp
Joint venture: 51.35% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Newmont holds a 51.35% ownership interest, with the Peruvian mining firm, Compania de Minas Buenaventura S.A.A owning 43.65%. The International Finance Corporation (IFC), an arm of the World Bank, holds the remaining 5%. |
 | Buenaventura
Joint venture: 43.65% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
|
|
|
|
| Location of the Yanacocha Project |
|
Minera Yanacocha is located high in the Andes Mountains, 48 kilometers (30 miles) north of the city of Cajamarca, and 375 miles (603 kilometers) north of Lima.
|
| |
| History of the Yanacocha Project |
|
After 10 years of exploration, in 1990, feasibility studies started for works at a pilot heap leaching plant. After successful results at the pilot plant were obtained, the project began in 1992. With the start of operations in Carachugo, the first bar of gold was produced on August l 7, 1993.
|
| |
|
|
|
|
|
| Production history |
| Metal | 2008 | 2007 |
| GOLD (oz) | 1,818,338 | 1,563,670 |
|
|
|
|
|
|
|
|
|
|
Data last updated on : 9/6/2006
|
|
Disclaimer
|
|
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
|
|
|
|
|
