TÜMAD Madencilik Sanayi ve Ticaret A.Ş.’s Lapseki Gold & Silver Mine Recertified Under the International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that the TÜMAD Madencilik Sanayi ve Ticaret A.Ş (TÜMAD) Lapseki Gold & Silver Mine, located in Türkiye, has been recertified in full compliance with 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.

The Lapseki Gold & Silver Mine was initially certified under the Cyanide Code in October 2021. As required under the Cyanide Code, the Lapseki operation was again audited against ICMI’s Mining Operations Verification Protocol within three years of its previous certification by independent professional third-party auditors. ICMI has received and accepted the auditors’ Detailed Audit Findings Report and Summary Audit Report, which found that the Lapseki Gold & Silver Mine had maintained full compliance with the Cyanide Code’s Principles and Standards of Practice since its previous certification. The Summary Audit Report and Auditor Credentials Form are available on TÜMAD’s 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 2023 Annual Report, which can be viewed here.

Date:
Tuesday, November 26, 2024