Extension of Cyanide Code Audit Deadline Granted for Kinross Gold Corporation’s Tasiast Gold Mine

The Board of Directors of the International Cyanide Management Institute (ICMI) has approved a requested extension of the deadline for the initial Cyanide Code certification audit of Kinross Gold Corporation’s Tasiast Gold Mine, which is located in Mauritania. Kinross Gold Corporation designated the Tasiast operation for Cyanide Code certification in June 2012.

Following the designation, Kinross planned a significant expansion at the Tsasist operation, including infrastructure improvements to its metallurgical plant.  However, in early 2015, Kinross halted its planned expansion, and is now instead taking steps to make modifications to its existing mill, which has made delay of the audit necessary.  The new audit deadline is March 31, 2016.

The Cyanide 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 Cyanide 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 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, June 11, 2015