Polymetal International’s Voro Gold Mine and Voro Cyanide Supply Chain Certified Under International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that Polymetal International’s Voro Gold Mine, located in the Sverdlovsk region of the Russian Federation, has been certified in full compliance with the International Cyanide Management Code (Cyanide Code). Additionally, Polymetal’s Cyanide Supply Chain to the Voro Gold Mine has been certified in full compliance to the Cyanide Code.

ICMI has received and accepted Detailed Audit Findings Reports prepared by an independent professional third-party auditor who evaluated the Voro Gold Mine and the Voro Cyanide Supply Chain against ICMI’s Mining and Transport Verification Protocols and found both in full compliance with the Cyanide Code’s Principles and Standards of Practice. The Summary Audit Reports and Auditor Credentials Forms are available on Polymetal’s Signatory Pages on the Cyanide Code website: https://www.cyanidecode.org/signatory-company-categories/polymetal-international-plc-cyprus and https://www.cyanidecode.org/signatory-company-categories/polymetal-international-cyprus. These operations must be re-audited every three years to evaluate continuing compliance with the Cyanide Code.

The Cyanide Code is a voluntary industry program for companies involved in the production of gold and/or silver 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: 
Tuesday, June 18, 2019