International Cyanide Management Institute Announces Extension of Deadline for Recertification Audit for Transaltisa S.A.

The Board of Directors of the International Cyanide Management Institute (ICMI) has granted a request from Transaltisa S.A. to extend the deadline for completion of a recertification audit for its cyanide transportation operation in Peru. Transaltisa S.A. was certified in full compliance with the Cyanide Code on February 17, 2010; and its next audit must be conducted by February 16, 2013.

In January 2013, Transaltisa advised ICMI that it had encountered difficulties in finding approved Cyanide Code auditor personnel to conduct its recertification audit by the established deadline, but was able to schedule the work for the following week. Transaltisa requested that its deadline be extended for two weeks. Based on the information provided by Transaltisa and the company’s good-faith effort to meet the Cyanide Code’s requirements, ICMI’s Board of Directors granted the company’s request and extended the deadline for completion of the recertification audit until March 2, 2013.

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:
Wednesday, January 30, 2013

Date:
Wednesday, January 30, 2013