PanAust Ltd.’s Phu Bia Mining Asia Supply Chain Achieves Certification Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that PanAust Ltd.’s Phu Bia Mining Asia Supply Chain, based in Laos, has been certified in full compliance under 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.

ICMI has received and accepted a Detailed Audit Findings Report prepared by an independent professional third-party auditor who evaluated the Phu Bia Mining Asia Supply Chain against ICMI’s Transportation Verification Protocol and found it in full compliance with the Cyanide Code’s Transport Principles and Standards of Practice. The Summary Audit Report and Auditor Credentials Form are available on PanAust Ltd.’s Transporter 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 2021 Annual Report, which can be viewed here.

Date:
Thursday, March 23, 2023