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This paper examines how transnational gold mining operations are transforming rural household livelihoods in the Cajamarca region of Peru. In particular, this paper evaluates how Newmont Mining Corporation's Minera Yanacocha (MYSA) mining operations are altering access to the produced, human, natural and social capital resources that households utilize to produce their livelihoods. The paper argues that while access to produced and human capital resources has increased in the past decade, albeit unevenly, access to natural and social capital resources has declined. The paper begins with a discussion of new frameworks for evaluating local livelihood change and household access to resources. Subsequently, the paper describes Peru's new transnational mining sector, livelihoods and livelihood change in the Cajamarca region. The paper then presents the results of case study field research evaluating …