Minera Mexicana La Cienega S.A. de C.V. Withdraws from Cyanide Code Program

The International Cyanide Management Institute (ICMI) announced today that Minera Mexicana La Cienega S.A. de C.V. has withdrawn from the International Cyanide Management Code (Cyanide Code) program. The company, which became a signatory to the Cyanide Code in September 2010, has taken this action voluntary in order to focus on projects to increase the production capacity, and make other modifications at its gold mine in Durango, Mexico. Minera Mexicana La Cienega has informed ICMI of its intent to return to the program once the expansion has been completed.

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 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, April 26, 2013