Golden Star Resources Withdraws Bogoso/Prestea Gold Mine from Cyanide Code Program

The International Cyanide Management Institute (ICMI) announced today that Golden Star Resources Limited has withdrawn its Bogoso/Prestea Gold Mine in Ghana from the International Cyanide Management Code (Cyanide Code) program. This is a voluntary action by the company. The company has informed ICMI that infrastructure modifications are needed at the site to meet Cyanide Code requirements. The Bogoso/Prestea Gold Mine had been certified in compliance with the Cyanide Code in November 2009. Please see Golden Star Resources’ signatory page for additional information regarding the company’s participation in the voluntary Cyanide Code program: http://www.cyanidecode.org/signatory-company/golden-star-resources.  The company has indicated the withdrawal from the program is temporary while it completes infrastructure modifications.

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.

Date:
Monday, November 19, 2012