RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Congrats to Blueboron99 for Solving the PuzzleNewmont, Buenaventura and Sumitomo completed the transaction in 2018 in which Sumitomo paid $48 million for its five percent ownership interest in Yanacocha. The transaction is structured as a new share issuance of Minera Yanacocha S.R.L. to Sumitomo.
As a result of the transaction, Newmont, Buenaventura and Sumitomo’s ownership interests in Yanacocha has become 51.35 percent, 43.65 percent and 5.00 percent respectively.