YANACOCHA GOLD MILL

Pedro Condori Benavides

Kim Hackney
Ben Burger
Yanacocha Gold Mill
Opening
Yanacocha Overview
Gold Mill Project
Project Safety
Project Environmental
Project Overview
Comminution Circuit
CCD
SART/AVR
Tailings
Operation Results
Close
PDS Model View Yanacocha Gold Mill
Yanacocha Gold Mill
Opening
Yanacocha Overview
Gold Mill Project
Project Safety
Project Environmental
Project Overview
Comminution Circuit
CCD
SART/AVR
Tailings
Operation Results
Close
0.1
0.3
0.6
0.8
1.1
1.3
1.7
1.8
1.9
2.3
2.9
3.0
3.3
2.6
1.6
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
M

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1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
OUNCES PRODUCTION PROFILE
Carachugo Maqui Maqui Yanacocha La Quinua Total
Yanacocha Overview
Discovered in 1985
Production started 1993
Current Ownership
Newmont 51.35%
Buenaventura 43.65%
IFC 5%
Peru
Lima
Cajamarca
Peru
Lima
Cajamarca
Current Operations
Standard open-pit mining
Oxide and Transition run of mine
heap leach
Carbon and Merrill-Crowe
processing
15,000 m3/h combined recovery
plant capacity
Process and acid water treatment
4,800 m3/h treatment capacity
Oxide / Transition mill
Future Snapshot
Open pit and potential
underground mining
Oxide and Transition heap leach
Oxide / Transition / Sulfide mill
Gold / Silver / Copper concentrate
production
Yanacocha Overview
YANACOCHA
OXIDES PIT
Deep Transition
Mineral/GoldMill
Sulfides Mill Process
Yanacocha Gold Mill
Opening
Yanacocha
Overview
Gold Mill Project
Project Safety
Project Environmental
Project Overview
Comminution Circuit
CCD
SART/AVR
Tailings
Operation Results
Close
Project Safety
Construction achieved safety excellence on the project
3.6 million manhours without a lost time accident
TRAFR actual of 0.70 Vs planned of 0.76
LTAFR actual of 0.03 Vs planned of 0.05
Implemented a site specific electrical storm warning alert system
which protected the work force from electrical storms permitting
working in safe conditions during construction.
Safety Trends
0.00
0.30
0.60
0.90
1.20
1.50
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M
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M
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TRAFR Target Cum. TRAFR Cum. LTAFR LTAFR Target
0.76
0.05
Project Environmental
Construction achieved environmental excellence on the project
Environmental CPI actual of 92% Vs a planned of 89%
Reclaimed areas immediately after areas construction complete.
Environmental Friendly Design
Tailings placement with active La Quinua leach pad a world first
Tailings containment uses common liner and drainage system incorporated
with the leach pad design.
Tailings solutions are fully contained same as the La Quinua leach pad.
Project Overview
Business Objectives
Improve financial returns
Prepare for complex ores
Efficiently exploit the resource potential
Provides infrastructure and skills base to support future sulfide ore
processing
Capital Costs
P50
Initial Capital Budget $240 M
Initial Capital Forecast $228 M
Total Capital Budget $250 M
Total Capital Forecast $245 M
Initial capital includes feasibility, engineering, construction, commissioning
Total project capital includes capital interest, pre-production costs and pre-
production revenue before project achieves commercial production. Project
achieved commercial production in one month, pre-production revenue not
credited to project but to operations
Construction
Schedule Startup (first ore only)
Budget Q1 2008
Actual Q1 2008
Commercial Production (first ore only)
Budget Q2 2008
Actual Q2 2008
(Plant achieved commercial production)
Project completed within P50 Budget
Construction Statistics
Earthworks 1,175,000 M
Concrete 31,000 M
S/Steel 1,700 ton
Piping 35,000 lm
Cable Tray 8,500 lm
Electrical cable 240,000 lm
Contractors
All contractors Peruvian
Earthworks Translei
Concrete Works GYM
Tanks Haug
Structural/Mechanical SSK
Piping/Electrical
Local area contractors used
promoting local work
Consitel
Hurteco
Angeles
Ceyca
Transporte Durant
Reclamation, fencing, drainage rip-
rap, general cleaning executed by
Community Contractors
YGM Construction Progress
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
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%

C
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Recovery Plan Early Plan Late Plan Actual Recovery Target Actual
Ore to Mill
Commercial
Production
Oxidos
Mixto
Sulfuros
AuCN/AuFA CuCN SS
ratio ppm %
Oxide >0.6 <250 <1.5
Transitional <0.6 <1500 <1.5
Sulfide >1500 >10
Ore Characterization
Process Flow Sheet
Crusher Feed Bin
Jaw
Crusher
Stockpile Feed Conveyor
Crushed Ore Stockpile
(11 hr Storage)
Mill Feed Conveyor
Single Stage SAG Mill
(620tph) 16.5MW
Gearless Drive
Cyclones
Linear Trash
Screens
Sump &
Pump
Pre-Leach
Thickener
Process Water Tank
Lime &
Cyanide
Mill Sands Disposal at
La Quinua Leach Pad
Flocculant
NaHS &
H2SO4
Flocculant
Carbon Treatment
At La Quinua
NaOH
Recovered NaCN
To Process Water Tank
Flocculant
CONCENTRATE SALES
Feeder & Vibrating
Grizzly
EXISTING AT
AGGLOMERATOR
Leach Circuit
(6 Tanks @ 24 hrs)
Dilution Water
Precip Thickener
SART Neutralization
Tanks (4 Stages)
Gypsum
Recycle
Stripping & Adsorption Columns
(1 Set installed Initially, 5
eventually)
La Quinua Carbon
Adsorption Circuit
CCD Wash Solution
(LQ Barren)
AVR CIRCUIT
SART CIRCUIT
GOLD LEACH
PRIMARY CRUSHER
(Existing)
Lime &
Cyanide
CCD CIRCUIT
5 Stages
Precip Filter and
Bagging Plant
Gypsum Recycle to
Pre-leach Thickener
SAG
MILLING
CRUSHED ORE STOCKPILE
Flocculant
PRE-LEACH
THICKENER
Flocculant
Gypsum
Thickener
Lime
Copper Sulfide Precipitate
Eluate Treatment at
Yanacocha Norte
Carbon Eluate
SART & AVR Bypass
(Oxide Ores)
AVR Bypass
NaCN Recycle
LQ Barren Solution for CCD Wash
and Process Water Make-Up
Pregnant Solution
Transfer to LQ
Reclaimed
Water to LQ
Leach Pads
SART NEUTRALIZATION
Raw Water Supply
From LQ AWTP
Existing Water Tank
at LQ Agglomeration
Lime Storage Tank
Lime Slurry From Lime
Slaker at LQ AWTP
Crusher Feed Bin
Jaw
Crusher
Stockpile Feed Conveyor
Crushed Ore Stockpile
(11 hr Storage)
Mill Feed Conveyor
Single Stage SAG Mill
(620tph) 16.5MW
Gearless Drive
Cyclones
Linear Trash
Screens
Sump &
Pump
Pre-Leach
Thickener
Process Water Tank
Lime &
Cyanide
Mill Sands Disposal at
La Quinua Leach Pad
Flocculant
NaHS &
H2SO4
Flocculant
Carbon Treatment
At La Quinua
NaOH
Recovered NaCN
To Process Water Tank
Flocculant
CONCENTRATE SALES
Feeder & Vibrating
Grizzly
EXISTING AT
AGGLOMERATOR
Leach Circuit
(6 Tanks @ 24 hrs)
Dilution Water
Precip Thickener
SART Neutralization
Tanks (4 Stages)
Gypsum
Recycle
Stripping & Adsorption Columns
(1 Set installed Initially, 5
eventually)
La Quinua Carbon
Adsorption Circuit
CCD Wash Solution
(LQ Barren)
AVR CIRCUIT
SART CIRCUIT
GOLD LEACH
PRIMARY CRUSHER
(Existing)
Lime &
Cyanide
CCD CIRCUIT
5 Stages
Precip Filter and
Bagging Plant
Gypsum Recycle to
Pre-leach Thickener
SAG
MILLING
CRUSHED ORE STOCKPILE
Flocculant
PRE-LEACH
THICKENER
Flocculant
Gypsum
Thickener
Lime
Copper Sulfide Precipitate
Eluate Treatment at
Yanacocha Norte
Carbon Eluate
SART & AVR Bypass
(Oxide Ores)
AVR Bypass
NaCN Recycle
LQ Barren Solution for CCD Wash
and Process Water Make-Up
Pregnant Solution
Transfer to LQ
Reclaimed
Water to LQ
Leach Pads
SART NEUTRALIZATION
Raw Water Supply
From LQ AWTP
Existing Water Tank
at LQ Agglomeration
Lime Storage Tank
Lime Slurry From Lime
Slaker at LQ AWTP
Circuit Description
D-26 Krebs Cyclone
Single Stage SAG Mill
Primary Crushing
Feed Stockpile
Circuit Description
Pre-leaching Tickener
CCD Circuit
Leaching
SART
Tailing Pumps
Circuit Description
SART
AVR
Reagent Facilities
La Quinua CIC Facilities
Comminution Circuit
Installation of a Single
Stage SAG Mill with
Gearless 16.5 MW Drive
Technically superior to SAG and
Ball Mill circuit with pinion drives
Simpler operation and
maintenance than a SAB mill
circuit
Simplified layout, providing
improved access for maintenance
Reduced capital costs vs. SAB
circuit
Reduced operating costs
grinding media, maintenance
consumables
Reduced requirement for capital
spares
Comminution Circuit
Single Stage SAG achieves greater
power draw variation
At much lower ball charge as much
as 500 tonnes
Due to higher AG component in
power draw
More flexible, faster response to ore
variations
Lower steel media / liner working
inventory for steel consumables
Forecast 0.3 0.6 kg/t lower steel
media consumption vs equivalent
SAB circuit
Forecast 0.03 0.07 kg/t lower steel
liner consumption higher availability
with fewer liner changes
Lower unit operating costs
Comminution Circuit
Wraparound drives provide
operational advantages over
pinion drives
Availability
Power efficiency
Energy utilization
Reduced maintenance and
lubrication inputs
Inching capability
Sophisticated frozen charge
protection
Variable speed and direction
A 16.5 MW twin pinion
drive arrangement is
considered to be at the
limits of current drive
technology
Tailings Overview
Tailings management system consists of three components: the tailings
storage facility, pipeline corridor and tailings pump system.
Tailings Storage
Facility
Tailings Pipeline
Corridor
Tailings
Pump System
Tailings Storage Facility
48 million tones capacity.
Located within the LQ heap leach facility.
Fully lined facility ties into the LQ leach pad liner system.
Constructed in 3 Stages
Stage 1 deposition elevation 3612m provides storage capacity for +2 years.
Stage 2 deposition elevation 3628m starting in January 2010.
Stage 3 deposition elevation 3660meters starting mid 2011.
Tailings
Liner and Drainage Systems
Backup Drainage System
Deposition
Distribution
YGM Ramp Up Tracker - Gold Production
Ounces Cumulative
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
1
-
F
e
b
8
-
F
e
b
1
5
-
F
e
b
2
2
-
F
e
b
2
9
-
F
e
b
7
-
M
a
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1
4
-
M
a
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2
1
-
M
a
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2
8
-
M
a
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4
-
A
p
r
1
1
-
A
p
r
1
8
-
A
p
r
2
5
-
A
p
r
2
-
M
a
y
9
-
M
a
y
1
6
-
M
a
y
2
3
-
M
a
y
3
0
-
M
a
y
Budget
Forecast
Actual
YGMill - Ramp Up Tracker
Gold Recovery %
40%
50%
60%
70%
80%
90%
100%
1
-
F
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8
-
F
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b
1
5
-
F
e
b
2
2
-
F
e
b
2
9
-
F
e
b
7
-
M
a
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1
4
-
M
a
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2
1
-
M
a
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2
8
-
M
a
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4
-
A
p
r
1
1
-
A
p
r
1
8
-
A
p
r
2
5
-
A
p
r
2
-
M
a
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9
-
M
a
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1
6
-
M
a
y
2
3
-
M
a
y
3
0
-
M
a
y
Actual
Budget
Forecast
Recovery
Silver 70%
Cooper 35%
Mercury 14%
YGM - Mill Availability - Daily
%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1
-
F
e
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8
-
F
e
b
1
5
-
F
e
b
2
2
-
F
e
b
2
9
-
F
e
b
7
-
M
a
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1
4
-
M
a
r
2
1
-
M
a
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2
8
-
M
a
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4
-
A
p
r
1
1
-
A
p
r
1
8
-
A
p
r
2
5
-
A
p
r
2
-
M
a
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9
-
M
a
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1
6
-
M
a
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2
3
-
M
a
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3
0
-
M
a
y
Actual
Budget
Forecast
YGM - Tonnes per Hour Milled
DTPH
0
100
200
300
400
500
600
700
1
-
F
e
b
8
-
F
e
b
1
5
-
F
e
b
2
2
-
F
e
b
2
9
-
F
e
b
7
-
M
a
r
1
4
-
M
a
r
2
1
-
M
a
r
2
8
-
M
a
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4
-
A
p
r
1
1
-
A
p
r
1
8
-
A
p
r
2
5
-
A
p
r
2
-
M
a
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9
-
M
a
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1
6
-
M
a
y
2
3
-
M
a
y
3
0
-
M
a
y
Actual
Budget
Forecast
LOM Gold Mill Production
-
100
200
300
400
500
600
700
800
900
1,000
O
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x

1
0
0
0
0
1
2
3
4
5
6
7
g
r

A
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Gold Production
Head Grade
Gold Production 277 331 269 532 517 807 769 263 204 3,969
Head Grade 2.99 2.69 2.09 3.99 4.07 5.75 5.73 2.97 2.85 3.73
2008 2009 2010 2011 2012 2013 2014 2015 2016 Total
Yanacocha Total Silver Production
Ounces x 1000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
1
9
9
3
1
9
9
4
1
9
9
5
1
9
9
6
1
9
9
7
1
9
9
8
1
9
9
9
2
0
0
0
2
0
0
1
2
0
0
2
2
0
0
3
2
0
0
4
2
0
0
5
2
0
0
6
2
0
0
7
2
0
0
8
2
0
0
9
2
0
1
0
2
0
1
1
2
0
1
2
2
0
1
3
2
0
1
4
2
0
1
5
2
0
1
6
Gold Mill Ag
Leaching Ag
Yanacocha Total Gold Production
Ounces x 1000
-
500
1,000
1,500
2,000
2,500
3,000
3,500
1
9
9
3
1
9
9
4
1
9
9
5
1
9
9
6
1
9
9
7
1
9
9
8
1
9
9
9
2
0
0
0
2
0
0
1
2
0
0
2
2
0
0
3
2
0
0
4
2
0
0
5
2
0
0
6
2
0
0
7
2
0
0
8
2
0
0
9
2
0
1
0
2
0
1
1
2
0
1
2
2
0
1
3
2
0
1
4
2
0
1
5
2
0
1
6
Gold Mill Au
Leaching Au
Yanacocha Production - Period until 2016
Control on Line : PI
Control Room
People
78 people (Operation + Maintenance) from actual operations
Performance Associate: Specific Topic (2 months)
General Concepts (1 month)
Stage in Phoenix, Nevada (13 Technicians, 3 months)
Stage in Mines of Peru (Cuajone, Toquepala, Antamina,
Orcopampa, Chacua, Antapite, Poderosa, Marsa, Horizonte y Cerro
Verde) 2 to 4 weeks, 78 people.
Vendors Training
Final Construction (2 month)
Commissioning and Pre operations (1 month).
Star up people support : 5 Inti Raymi, 3 Batu Hijau, 1Twin Creek,
1Jundee and 2 Denver.
Yanacocha Gold Mill
Opening
Yanacocha Overview
Gold Mill Project
Project Safety
Project Environmental
Project Overview
Comminution Circuit
CCD
SART/AVR
Tailings
Operation Results
Close