ICMI Terminates Two Companies Participation in Cyanide Code Program for Failure to Pay Annual Fees

The International Cyanide Management Institute (ICMI) announced today that two companies have been removed from the list of signatories to the International Cyanide Management Code (Cyanide Code) for failure to pay the required annual fees for calendar year 2012. The Cyanide Code is a voluntary industry program of best practice for companies involved in the production of gold using cyanide and companies producing and transporting this cyanide. This action terminates the following companies’ participation in the program, effective this date: mining company Greystar Resources Ltd (now named Eco-Oro Minerals Corp), and cyanide transporter Trexval S.A.

The full list of current Cyanide Code signatories is available at http://www.cyanidecode.org/signatory-companies/directory-of-signatory-companies.

ICMI is a non-profit organization established to administer the Cyanide Code, promote its adoption, evaluate its implementation, and manage the certification process. The full text of the Code and its implementing and administrative documents, are available at www.cyanidecode.org.

Tuesday, October 23, 2012