Modern World Logistics Ltd. Removed as Signatory to the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Ghanaian cyanide transporter Modern World Logistics Ltd. has been removed as a signatory to the International Cyanide Management Code (Cyanide Code) for nonpayment of the required annual fees, and the company’s participation in the program has ended. To remain in good standing, signatories are required to pay annual fees to support ICMI’s activities administering the Cyanide Code; the 2014 fees were due at the end of February.

The Cyanide Code is a voluntary industry program of best practice for companies involved in the production of gold using cyanide and companies producing and transporting this cyanide. The full list of current Cyanide Code signatories is available at http://www.cyanidecode.org/signatory-companies/directory-of-signatory-companies.

ICMI is a non-profit organization established to administer the Cyanide Code, promote its adoption, evaluate its implementation, and manage the certification process. The full text of the Code and its implementing and administrative documents, are available at www.cyanidecode.org.

Date:
Monday, August 4, 2014