Minera Meridian El Peñón Achieves Fourth Certification Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that the Minera Meridian El Peñón (El Peñón) operation, located in Chile, has been recertified in full compliance under the International Cyanide Management Code (Cyanide Code). This is El Peñón’s fourth certification under the Cyanide Code.

The El Peñón operation began participation in the Cyanide Code in September 2008 and was initially certified in May 2012 and recertified in March 2016 and in December 2019, while under ownership of Yamana Gold.  As required under the Cyanide Code, El Peñón was again audited against ICMI’s Mining Operations Verification Protocol by an independent professional third-party auditor. ICMI has received and accepted the auditor’s Detailed Audit Findings Report and Summary Audit Report, which found that the El Peñón operation had maintained full compliance with the Cyanide Code’s Principles and Standards of Practice since its previous certification. The Summary Audit Report and Auditor Credentials Form are available on Minera Meridian El Peñón’s Signatory Page on the Cyanide Code website. The operation must be re-audited every three years to evaluate continuing compliance with the Cyanide Code.

The Cyanide Code is a voluntary industry 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. The Cyanide Code 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. 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 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.

Date:
Thursday, July 25, 2024