Yanacocha is an openpit, cyanide gold mine located 3,900 metres above sea level in Cajamarca. The site is operated by American multinational Newmont Mining Corporation, Peruvian company Minas Buenaventura (part of the Benavides group) and the World Bank International Finance Corporation (IFC).
Minera Yanacocha was established by BRGM Peru, Cia de Minas Buenaventura, Newmont Gold Co and the International Finance Corp. Newmont manages the project. Subsequent changes give Newmont Gold a 51.35% stake and Buenaventura 44.65%, with the IFC retaining a 5% holding.
Minera Yanacocha Gold Mine. Minera Yanacocha S.R.L. (MYSRL) is the largest gold producer in Latin America and represents Perú's first largescale heapleaching operation. MYSRL consists of several mine pits, gold recovery plants, and leach pads.
Yanacocha Gold Mine. Yanacocha Gold Mine: Location: Cajamarca, Peru. Products: Gold. It is the largest gold mine in Latin America, and The second largest gold mine in the world, producing over US$7 billion worth of gold to date. Deposit Type: High sulfidation type epithermal gold deposits.
Yanacocha is South America's largest gold mine. The Yanacocha property began production in 1993 and consists of the following open pit mines: the La Quinua Complex, the Yanacocha Complex, the Carachugo Complex and Maqui Maqui.