Samsung C&T Corporation’s South America Supply Chain Achieves Fifth Certification Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Samsung C&T Corporation’s South America Supply Chain has been recertified in full compliance under the International Cyanide Management Code (Cyanide Code).  This is the fifth Cyanide Code certification for the South America Supply chain, representing more than 13 years of full compliance under the Cyanide Code.

As a consigner/transporter, Samsung C&T Corporation organizes and manages supply chains comprised of companies it has contracted to transport cyanide.  The South America Supply Chain was initially certified in full compliance under the Cyanide Code in June 2013, and was recertified in November 2016, in January 2020, and in September 2023. The South America Supply Chain was again audited against ICMI’s Transportation Verification Protocol within three years of its most recent certification date by an independent professional third-party auditor who found the supply chain 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 Samsung C&T Corporation’s Signatory Page on the Cyanide Code website. The South America Supply Chain must be re-audited every three years to evaluate continuing compliance with 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. 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 2025 Annual Report.