Yanacocha Mine Research Paper

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The Yanacocha mine is a gold mine located in Cajamarca, Peru. It is the largest gold mine in Latin America and the second largest in the world covering 535 square miles (1,385.6 square kilometers). The mine is run by the Minera Yanacocha company which is owned by three companies; one of which is the World Bank. (No dirty gold, n.d.).

While the the mine itself has generated a lot of tax revenue for Peru’s underfunded central government. The problems this mine generates are on an environmental level. The surrounding villages are left to deal with the environmental damages while the companies that own the mine, such as the world bank, are profiting. In the province of Cajamarca, where the mine is located, more than half of the people live under the national poverty line of approximately $100USD a month (Hallman & Olivera, 2015). …show more content…

It is these chemicals that are causing damage to the nearby villages. The mine is located up on a hill. As the water makes its way down the hill it comes down full of sediments turning it a brown colour. It’s these extra impurities in the water that are killing the fish and medicine plants that villages rely on. Pollution in the water is also having an effect on the livestock that are farmed in the area by drinking poisoned water. In 2000, a truck carrying mercury from the mine spilled a container of the toxic metal over a 40km section of road. The accident was not reported until the next day where hundreds of people had to be hospitalised after collecting the mercury (BBC, 2002). An investigation also concluded that the container used to transport the mercury should not have been used and failed to follow international standards for the safe transport of hazardous materials (Hallman & Olivera,

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