Newmont Mining Corporation’s Minera Yanacocha S.R.L. Gold Mine Re-certified Under International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Newmont Mining Corporation’s Minera Yanacocha S.R.L. Gold Mine (Yanacocha) in Peru has been re-certified under the International Cyanide Management Code (Code).

Yanacocha was initially certified in compliance with the Code in April 2008. As required under the Code, the mine was again audited against ICMI’s Verification Protocol within three-years of that certification by an independent professional third-party auditor. ICMI has received and accepted the auditor’s Detailed Audit Findings Report, which found that Yanacocha maintained full compliance with the Code’s Principles and Standards of Practice throughout the previous three years. The new Summary Audit Report and Auditor Credentials Form are available on the Signatory Companies Page on the ICMI web site: http://cyanidecode.org/signatory_newmont.php. The operation must be re-audited every three years hereafter to evaluate continuing compliance with the Code.

The Code is a voluntary industry program for companies involved in the production of gold using cyanide and companies producing and transporting this cyanide. It 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 jurisdictions 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:
Wednesday, July 20, 2011