Nevada Gold Mines’ Phoenix Complex Recertified Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Nevada Gold Mines’ Phoenix Complex, located in the United States, has been recertified in full compliance with the International Cyanide Management Code (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 Phoenix Complex is operated by Nevada Gold Mines, a Joint Venture between Barrick Gold Corporation and Newmont Corporation, which own 61.5% and 38.5% of Nevada Gold Mines, respectively; both companies have been signatories to the Cyanide Code since 2005. The Phoenix Complex certification includes Newmont’s previously certified Phoenix Mine (certified in 2008, 2012, 2015) and Lone Tree Mine (certified in 2007, 2010, 2013, 2017) which underwent a combined audit and certification in 2018 as Nevada Gold Mines’ Phoenix Complex.

As required under the Cyanide Code, the Phoenix Complex was again audited against ICMI’s 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, which found that the Phoenix Complex 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 Barrick Gold Corporation’s Signatory Page and on Newmont Corporation’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 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 2020 Annual Report, which can be viewed here.

Date:
Thursday, December 16, 2021