The International Cyanide Management Institute (ICMI) announced today that it has accepted the application of Marigold Mining Company to become a signatory to the International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold (Cyanide Code). The Cyanide Code is a voluntary industry program for companies involved in the production of gold using cyanide and companies manufacturing and transporting this cyanide. Marigold Mining Company owns and operates the Marigold Mine in the United States.
Until recently, the Marigold Mine was jointly owned by Cyanide Code signatories Barrick Gold Corporation and Goldcorp, and the operation has been certified in full compliance with the Cyanide Code since January 2007. By becoming a signatory, Marigold Mining Company commits to continue to follow the Cyanide Code’s Principles and implement its Standards of Practice at the Marigold Mine, and to have verification audits of the operation conducted by independent third-party auditors within two years of its change in ownership, and every three years thereafter. Operations will be certified if found in compliance with the Cyanide Code, and will be de-certified if ICMI determines that they no longer comply with the Cyanide Code.
The Cyanide Code 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 jurisdiction 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.
Friday, March 21, 2014