New Gold’s Cerro de San Pedro Mine Decommissioned Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that New Gold’s Cerro de San Pedro Mine in Mexico has been decommissioned in accordance with the International Cyanide Management Code (Cyanide Code) and the Cerro de San Pedro mine has been withdrawn from the Cyanide Code program. 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 Cerro de San Pedro Mine was initially certified in compliance with the Cyanide Code in June 2014 and was recertified in October 2017. Now closed, the Cerro de San Pedro Mine was again audited against ICMI’s Verification Protocol by an independent professional third-party auditor. ICMI has received and accepted the auditors’ Detailed Audit Findings Report, which found that upon decommissioning of the operation’s cyanide facilities the risks related to cyanide have been minimized to the point that the Cyanide Code no longer applies at the Cerro de San Pedro Mine. The Summary Audit Report and Auditor Credentials Form are available on New Gold’s Signatory Companies Page of the Cyanide Code web site: https://www.cyanidecode.org/signatory-company/new-gold.

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 2019 Annual Report, which can be viewed here.

Date:
Thursday, May 20, 2021