Canadian Malartic Mine Certified Under International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that the Canadian Malartic Mine in Canada has been certified in substantial compliance with the International Cyanide Management Code (Cyanide Code). The Canadian Malartic Mine is a joint venture between Agnico Eagle Mines Ltd. and Yamana Gold, each of which own 50%. The Cyanide Code is a voluntary industry program focused on the safe and environmentally responsible management of cyanide by companies producing gold and/or silver and by companies manufacturing, warehousing, and transporting cyanide.

The ICMI has received and accepted a Detailed Audit Findings Report prepared by independent professional third-party auditors who evaluated the Canadian Malartic Mine against ICMI’s Mining Operations Verification Protocol and found the mine in substantial compliance with the Cyanide Code’s Principles and Standards of Practice. The operation can be fully certified once it has implemented its Corrective Action Plan and achieved full compliance with the Cyanide Code.

The Summary Audit Report, Corrective Action Plan, and Auditor Credentials Form are available on both Agnico Eagle’s and Yamana’s Signatory Pages of the ICMI web site, at https://cyanidecode.org/sig-directory-type/agnico-eagle-mines-limited-canada/ and https://cyanidecode.org/sig-directory-type/yamana-gold-canada/, respectively. The operation must be re-audited every three years hereafter to evaluate continuing compliance with the Cyanide Code.

The Cyanide Code was developed under the aegis of the United Nations Environment Programme by a multi-stakeholder Steering Committee and is amongst the most established certification programs in the mining sector. The Cyanide Code is intended to complement an operation’s existing obligation to comply with the applicable laws and regulations of the political jurisdiction in which the operation is located.

ICMI has been established to administer the Cyanide Code, promote its adoption, evaluate its implementation, and manage the certification process for operations using, producing, and transporting cyanide. A detailed list of the operations covered by signatory companies’ applications, along with the full text of the Cyanide Code and its implementing and administrative documents, are available at www.cyanidecode.org. We invite you to read our 2019 Annual Report, which can be viewed here.

Date:
Monday, June 14, 2021