ICMI Announces Signatory Departures From the Cyanide Code

The International Cyanide Management Institute (ICMI) has removed six companies from its list of signatories to the International Cyanide Management Code (Cyanide Code)

Golden Queen Mining Company has voluntarily withdrawn from the Cyanide Code. The company operates the Soledad Mountain Mine, located in the United States. Golden Queen became a signatory to the Cyanide Code in 2013, and the Soledad Mountain operation initially achieved Cyanide Code certification in January 2019, and most recently in October 2022.

The transport signatories Hanwha Corporation and Niquini Logística e Administração Ltda. have also voluntarily withdrawn. Hanwha Corporation, based in the Republic of Korea, became a transport signatory in February 2020, and managed three supply chains, for Africa, for Russia, and for Southeast Asia, all certified in 2020. Niquini Logística e Administração Ltda., based in Brazil, became a transport signatory in December 2009, and was certified in full compliance in 2009, 2014, 2017, and in 2020.

The transport signatories Maersk Logistics and Services S.A. and Movis Ghana Ltd, and the producer signatory Talas Investment Company have been removed for non-payment of fees. Maersk Logistics and Services S.A. (formerly APM Terminals Inland Services S.A.), based in Peru, was initially certified in 2015, and recertified in 2018 and in 2022. Movis Ghana Ltd was certified in 2015 and in 2019. Talas Investment Company, a cyanide producer based in the Republic of Kazakhstan, became a signatory in 2019, but never achieved certification.

The above noted changes to the signatory list are effective this date.

The Cyanide Code is a risk-based assurance 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. It 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.
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 2022 Annual Report, which can be viewed here.

Friday, October 6, 2023