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Yanacocha Project
Yanacocha
Country Peru 
Province Andes mountain
Close to Cajamarca
Status PRODUCTION 
Latitude / Longitude 6 S 59 / 78 W 31
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Gold -
Develops
Explores for
Risk and valuation analysis of the Yanacocha Project
Status Risk : Production
Country Risk : Important
Resource Risk : 73.00%
In situ value
597,287,787 $
Title(s) of the Yanacocha Project
Newmont Mining Corp
Joint venture: 51.35%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany 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%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany 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.
 
Reserves and resources of the Yanacocha Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven65,600,0000.03 54 836
 Probable263,600,0000.03 288 148
 Proven and Probable329,200,0000.03 342 984
 Measured500,0000.01 129
 Indicated83,900,0000.03 72 831
 Mesured and Indicated84,400,0000.03 72 960
 Inferred24,200,0000.02 17 895
 Total 437 800 000 433 839
Definitions
Reserves and resources of the Yanacocha Project
MetalTotalReservesResources / Mineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 433 839 54 836 288 148 342 984 129 72 831 72 960 17 895oz 590 541 591 US$
Production history
Metal20082007
GOLD (oz)1,818,3381,563,670
Location
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources