The International Cyanide Management Institute (ICMI) announced today that it has accepted the application of Columbus Gold Corp. to become a signatory to the International Cyanide Management Code (Cyanide Code). The Cyanide Code is a voluntary industry program for companies involved in the production of gold and silver using cyanide and companies manufacturing and transporting this cyanide. Columbus Gold is a gold exploration and development company operating in French Guiana, France, and headquartered in Vancouver, Canada. The company has a 44.99% interest in Compagnie Minière Montagne d’Or, a French company developing a gold mine in western French Guiana; Compagnie Minière Montagne d’Or is a signatory to the Cyanide Code as well.
By becoming signatories, Columbus Gold and Compagnie Minière Montagne d’Or have committed to follow the Cyanide Code’s Principles and implement its Standards of Practice, and to have a verification audit of operations listed for certification conducted by independent third-party auditors within one year from first delivery of cyanide at listed operations, and every three years thereafter. Operations will be certified if found in compliance with the Cyanide Code, and will be de-certified if ICMI determines that they no longer comply with the Cyanide Code.
The Cyanide Code was developed under the aegis of the United Nations Environment Programme by a multi-stakeholder Steering Committee. 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. 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.
Thursday, November 1, 2018