Agreement between companies SENATI - Ferreyros - Caterpillar and Minera Yanacocha for training young people in operation and maintenance of heavy machinery in Cajamarca.
Minera Yanacocha is the largest gold producer in Latin America.
The San Jose pit at Yanacocha was transformed into a $25 million reservoir storing 1.3 billion gallons (5.9 million cubic meters) of water. Source:
"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 (14 km straight line) north of Cajamarca, in high pampa, straddling the watershed. The World Bank's International Finance Corporation (IFC) provided loans totaling US$150 million for development and has a 5% equity investment in Yanacocha, which is run by the Newmont Mining Corporation, a Denver, Colorado-based company that is the world’s second largest gold mining firm. Newmont is the major shareholder together with Buenaventura, a Peruvian company. In 2005, Yanacocha produced 3,316,933 ounces (103,200 kg) of gold (INEI)."
SENATI, Peru, Cajamarca
SENATI, "National Service for Industrial Labor Training" is a Peruvian institution committed to provide professional instruction and training for industrial
labors such as installation, reparation and maintenance work in diverse economical sectors.
Ferreyros is a Peruvian company engaged in in the import, distribution, sale, leasing and maintenance of construction, mining, agricultural and transport equipment, vehicles and machinery such as, tractors, trucks and excavators under the Caterpillar, Iveco, Yutong, Massey Ferguson, Terex and many others brands.
Ferreyros Mining Division provides services to the largest open pit mines in Peru. Source
Caterpillar Inc. is a United States-based corporation headquartered in Peoria, Illinois. Caterpillar is, according to their corporate website, "the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines." Caterpillar produces a wide range of heavy equipment, including the range of Caterpillar bulldozers. Caterpillar's line of vehicles range from tracked tractors to hydraulic excavators, backhoe loaders, motor graders, off-highway trucks, wheel loaders, and agricultural tractors. They are used in construction, road-building, mining, forestry, energy, transportation and material-handling industries.
Caterpillar is one of the thirty companies whose stock is tracked in the Dow Jones Industrial Average. It is a Fortune 500 company, ranked number 50 in 2008, and first in its industry, with more than $30 billion in assets. Source: Wikipedia, Caterpillar.