Yanacocha Achieves Major Milestone

Newmont’s Yanacocha operation is South America’s largest gold mine, located in the province of Cajamarca, approximately 800 kilometers northeast of Lima, Peru. On August 7th, 1993, the mine poured its first gold bar. Yanacocha recently achieved a major milestone after producing its 36 millionth ounce of gold since operations began.

Yanacocha is South America’s largest gold mine, located in the province and department of Cajamarca, approximately 800 kilometers northeast of Lima, Peru. Yanacocha’s operations are situated between 3,500 and 4,100 meters above sea level with development activities in four primary basins. The operation is a joint venture between Newmont (51.35%), Minas Buenaventura (43.65%) and the International Finance Corporation (5%).