Corrective Action Plan Completion Date Extended for AngloGold Ashanti Limited’s Yatela Gold Mine

The International Cyanide Management Institute (ICMI) announced today that the Corrective Action Plan (CAP) completion date for AngloGold Ashanti Limited’s Yatela Gold Mine in Sadiola County, Mali has been extended due to a delay in processing the Verification Audit Report for its local cyanide transporter.

ICMI announced the conditional certification of the Yatela Gold Mine on June 23 of this year. The CAP for Yatela anticipated a completion date of June 30, 2009 to allow ICMI to process the Verification Audit Report of its local cyanide transporter, SDV Senegal. However, processing of the Verification Audit Report for SDV Senegal has not been completed. The Yatela CAP has therefore been revised with a new date for completion of November 30, 2009.

The Yatela Gold Mine was conditionally certified after ICMI received and accepted a Detailed Audit Findings Report prepared by an independent professional third-party auditor who evaluated the operation against ICMI’s Verification Protocol and found it in substantial compliance with the 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 Code.

The operation’s Summary Audit Report, revised Corrective Action Plan, and Auditor Credentials Form are available on the Signatory Companies Page on the ICMI web site: www.cyanidecode.org/signatory_anglogold.php. The operation must be re-audited every three years hereafter to evaluate continuing compliance with the Code.

The Code is a voluntary industry program for companies involved in the production of gold using cyanide and companies producing and transporting this cyanide. It was developed under the aegis of the United Nations Environment Programme by a multi-stakeholder Steering Committee. The Code is intended to complement an operation’s existing obligation to comply with the applicable laws and regulations of the political jurisdictions in which the operation is located.

ICMI has been established to administer the 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 Code and its implementing and administrative documents, are available at www.cyanidecode.org.
Date:
Thursday, July 16, 2009