Kalgoorlie Consolidated Gold Mines Pty Ltd Recertified Under International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Kalgoorlie Consolidated Gold Mines Pty Ltd, (KCGM), a joint venture in Western Australia owned by Barrick Gold Corporation and Newmont Mining Corporation, has been recertified in full compliance with the International Cyanide Management Code (Code).

KCGM was initially certified in full compliance with the Code in September 2008. As required under the Code, the mine was again audited against ICMI’s Verification Protocol within three years of that certification by an independent professional third-party auditor. ICMI has received and accepted the auditor’s Detailed Audit Findings Report, which found that KCGM had maintained full compliance with the Code’s Principles and Standards of Practice throughout the previous three years. The new Summary Audit Report and Auditor Credentials Form are available on Barrick’s and Newmont’s Signatory Companies Pages on the ICMI web site: www.cyanidecode.org/signatory_barrickgold.php, and www.cyanidecode.org/signatory_newmont.php. The operation must be re-audited every three years to evaluate continuing compliance with the Code.

The 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 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 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 Code and its implementing and administrative documents, are available at www.cyanidecode.org.

Thursday, January 12, 2012