Yanacocha

Yanacocha is South America’s largest gold mine, located in the province and department of Cajamarca, about 800 km northeast of Lima. Yanacocha’s operations are situated between 3,500 and 4,100 meters above sea level with development activities in four primary basins. As of 2022, the operation is 100 percent owned by Newmont. The mine poured its first gold ore bar on August 7, 1993. Yanacocha invested more than $1 billion in environmental and social responsibility projects from 1993 to 2012 and continues doing so.

Location
800 km northeast of Lima, Peru
Mine Type
Surface
Metals
Gold
Date of First Production
1993

Key Facts

  • In 2022, Newmont completed the acquisition of Buenaventura’s 43.65 percent noncontrolling interest and Sumitomo’s 5 percent noncontrolling interest; Yanacocha is now 100 percent owned and operated by Newmont.
  • South America’s largest gold mine will continue mining through 2026, adding incremental low-cost ounces beginning in 2027.
  • Evaluating opportunities in surrounding regions of Peru to support future investment decisions.
  • Reserves*
    • 0.5 million ounces of gold
    • 19.4 million ounces silver
  • Resources*
    • 12.5 million ounces of gold
    • 123.7 million ounces of silver
    • 1.2 million tonnes of copper

* As of FY 2025. Latest Earnings Results | See Cautionary Statement

515
Koz*
Annual Gold Production

(FY 25 | $/oz)

Learn About Yanacocha Job Opportunities
Learn About Our Commitment to Local Procurement

Quick Links

Contact

Minera Yanacocha SRL Peru
Av. Santa Cruz 120 6th Floor
San Isidro, Lima