The International Cyanide Management Institute (ICMI) announced today that Hyosung Corporation’s Africa and South America supply chains have been certified in full compliance with the International Cyanide Management Code (Cyanide Code).
Hyosung Corporation is a cyanide consignor/transporter that operates supply chains from the Republic of Korea to ports in Africa and South America. ICMI has received and accepted Detailed Audit Findings Reports prepared by an independent professional third-party auditor who evaluated Hyosung Corporation’s Africa and South America supply chains against the ICMI’s Verification Protocol and found them in full compliance with the Cyanide Code’s Principles and Transport Practices. Summaries of the audit reports are available on Hyosung Corporation’s Signatory Companies Page on the ICMI web site: http://www.cyanidecode.org/signatory-company/hyosung-corporation. The operations must be re-audited every three years hereafter to evaluate their 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.
Thursday, May 16, 2013