Polyus Verninskoye JSC Becomes Signatory to the International Cyanide Management Code and Verninskoye Mine Certified

The International Cyanide Management Institute (ICMI) announced today that Polyus Verninskoye JSC has become signatory to the International Cyanide Management Code (Cyanide Code) and that the Verninskoye Mine, located in Russia, has been certified in substantial compliance under the 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 Verninskoye Mine against ICMI’s Verification Protocol and found it in substantial compliance with the Cyanide Code’s Principles and Standards of Practice. The operation can be fully certified once it has implemented its Corrective Action Plan and achieved full compliance with the Cyanide Code. The Summary Audit Report, Corrective Action Plan, and Auditor Credentials Form are available on the Polyus Verninskoye JSC Signatory Page of the ICMI web site: https://cyanidecode.org/sig-directory-type/polyus-verninskoye-jsc-russia/. 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.

Monday, August 16, 2021