Minera Penmont’s La Herradura Mine Achieves Fifth Certification Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Minera Penmont’s La Herradura Mine, located in Mexico, has been recertified in full compliance under the International Cyanide Management Code (Cyanide Code). This is the La Herradura operation’s fifth certification under the Cyanide Code.

The La Herradura Mine was initially certified under the Cyanide Code in May 2011 and was recertified in full compliance in October 2014, in April 2018 and in June 2021. As required under the Cyanide Code, the La Herradura Mine was again audited against ICMI’s Mining Operations Verification Protocol by independent professional third-party auditors within three years of its previous certification. ICMI has received and accepted the auditors’ Detailed Audit Findings Report and Summary Audit Report, which found that the La Herradura Mine 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 Penmont’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. We invite you to read our 2023 Annual Report, which can be viewed here.

Date:
Wednesday, November 6, 2024