Mogale Gold Pty Ltd Withdraws as a Signatory to International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Mogale Gold Pty Ltd has withdrawn as a signatory to the International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold (Code). Mogale Gold is a gold producer operating in South Africa’s Gauteng Province. Notice to ICMI of the withdrawal was provided by the management of Mintails Limited, Mogale Gold’s parent corporation.

The Code is a voluntary industry program for companies involved in the production of gold using cyanide and companies manufacturing and transporting this cyanide. The Code was developed under the aegis of the United Nations Environment Programme by a multi-stakeholder Steering Committee. The 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 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 Code and its implementing and administrative documents, are available at www.cyanidecode.org.

Date:
Friday, September 16, 2011