The International Cyanide Management Institute (ICMI) announced today that Samsung C & T Corporation’s South America Supply Chain has been certified in full compliance with the International Cyanide Management Code (Cyanide Code).
Samsung C & T is a cyanide consignor/transporter that operates a supply chain from South Korea to mines in South America. ICMI has received and accepted a Detailed Audit Findings Report prepared by an independent professional third-party auditor who evaluated Samsung C & T’s South America Supply Chain against the ICMI’s Verification Protocol and found it in full compliance with the Cyanide Code’s Principles and Transport Practices. A summary of the audit report is available on the Samsung C & T Signatory Companies Page on the ICMI web site: http://www.cyanidecode.org/signatory-company/samsung-c-t-corporation. The operation must be re-audited every three years hereafter to evaluate continuing compliance with the Cyanide Code.
The Cyanide 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 Cyanide 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 Cyanide 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 Cyanide Code and its implementing and administrative documents, are available at www.cyanidecode.org.
Wednesday, June 12, 2013