Yanacocha is a gold mine in northern Peru, considered to be the second largest gold mine in the world, producing over US$7 billion worth of gold to date. The 251-square kilometer open pit mine is situated about 30 kilometers north of Cajamarca, in high pampa, straddling the watershed.

The Yanacocha Mining Company is a joint venture between the Peruvian-based company, Buenaventura, the U.S.-based Newmont Mining Corporation, and the International Finance Corporation (IFC). It is the largest gold producer in Latin America and the second largest in the world. The Yanacocha Mining Company is located in the Cajamarca region of Peru, near the city of Cajamarca. The Yanacocha Mining Company was established in 1993 and has since developed into a major gold producer. The company is responsible for the extraction of gold from the Yanacocha gold mine, which is located at an altitude of 4,600 meters in the Peruvian Andes. The mine is estimated to contain over 15 million ounces of gold, making it one of the largest gold deposits in the world. The mine also contains copper, silver, and molybdenum. The Yanacocha Mining Company has become a major contributor to the Peruvian economy. It has created thousands of jobs and generated billions of dollars in revenue for the country. The company has also invested heavily in environmental protection and social programs in the region.

The Yanacocha Mining Company has faced criticism for its environmental and social practices. The company has been accused of causing water pollution and deforestation in the region. It has also been accused of not adequately compensating local communities for the impact of its operations. The Yanacocha Mining Company has responded to these criticisms by establishing a set of environmental and social standards and increasing its investment in local communities. The company has also implemented a number of initiatives to reduce its environmental impact, such as using solar energy to power its operations and investing in reforestation projects.

Despite the criticism, the Yanacocha Mining Company has become a major success story in Peru. It has been a major contributor to the country’s economy and has provided thousands of jobs to local communities. The company has also invested heavily in environmental protection and social programs in the region.

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