Yanacocha | Accountability Console
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Yanacocha

Sectors

Extractives (oil, gas, mining)

Description:

Projects in this Sector: 89

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Issues Raised

Community health and safety

Description:

Projects with this Issue Raised: 336

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Consultation and disclosure

Description:

Projects with this Issue Raised: 495

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Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 440

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Environmental

Description:

Projects with this Issue Raised: 366

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Labor

Description:

Projects with this Issue Raised: 95

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Livelihoods

Description:

Projects with this Issue Raised: 319

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Other

Description:

Projects with this Issue Raised: 191

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Pollution

Description:

Projects with this Issue Raised: 219

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Water

Description:

Projects with this Issue Raised: 187

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Project Information

Investment ID: 2983, 4449

Bank: IFC/MIGA

Environmental Category: A

Country: Peru

Region: Latin America and the Caribbean

Approval Date: None

Investment Types: Equity, Loans

Total Project Cost: No recorded data on this

Total Complaints: 10

Description

Minera Yanacocha S.R.L. operates a large open-pit gold mine located in the Andes mountains in the Department of Cajamarca, Peru. The company is engaged in the exploration and production of gold. Over a period from 1993 to 1999, IFC committed three loans to finance the capital expenditure programs for three of the companys mines, Carachugo, Maqui Maqui and La Quinua. In parallel, IFC made an equity investment for a 5% ownership stake in the company, which it continues to hold.

Investments

Investment Type ID Amount Status Bank Client
Equity 2983 Unknown Planned IFC
Loans 4449 USD 60.0 million Planned IFC Minera Yanacocha S.A.

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Minera Yanacocha S.A.