Samsung C&T Corporation’s South America Supply Chain Recertified Under 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 with the International Cyanide Management Code (Cyanide Code).

Samsung’s C&T’s South America Supply Chain was initially certified in full compliance with the Cyanide Code in June 2013 and recertified in November 2016. As required under the Cyanide Code, the operation was again audited against ICMI’s Transportation Verification Protocol within three-years of its previous certification by an independent professional third-party auditor. ICMI has received and accepted the auditor’s Detailed Audit Findings Report which found that Samsung C&T’s South America Supply Chain maintained full compliance with the Cyanide Code's Principles and Transport Practices throughout the previous three years. The Summary Audit Report and Auditor Credentials Form are available on Samsung C&T’s Signatory Page on the Cyanide Code web site: https://www.cyanidecode.org/signatory-company/samsung-c-t-corporation. The operation 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. We invite you to read our 2018 Annual Report, which can viewed here.

Date: 
Wednesday, January 8, 2020