The International Cyanide Management Institute Announces Extension of Audit Deadlines for Three Gold Mines

The Board of Directors of the International Cyanide Management Institute (ICMI) has approved extensions of three audit deadlines requested by two gold mining companies that are signatories to the International Cyanide Management Code (Cyanide Code).

Centerra Gold Inc. requested that the deadline for performance of a certification audit of its Kumtor operation in the Kyrgyz Republic be extended to the end of the year. A number of factors, including the site’s elevation and the presence of significant permafrost, have delayed the audit. The new deadline for completion of Kumptor’s audit is December 31, 2014.

Agnico Eagle Mines Limited requested a three month extension of the audit deadline for its Meadowbank Mine in Canada. The remote location of the mine and the limited shipping season offer a narrow window for auditing the cyanide transportation route from Hudson Bay to the mine site. The new deadline for the audit is December 19, 2014.

Agnico Eagle also requested a nine month extension of the certification audit for its Mascota property, a heap leach facility the company operates in Mexico.  The operation is currently undergoing an expansion, which has made delay of the audit necessary.  The new audit deadline is June 19, 2015.

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.
Date:
Friday, May 2, 2014