TaeKwang Industrial Company’s Sodium Cyanide Production Plant Recertified Under International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today that TaeKwang industrial Company Ltd.’s sodium cyanide production plant in the Republic of Korea has been recertified in full compliance with the International Cyanide Management Code (Cyanide Code).

TaeKwang’s sodium cyanide production plant was initially certified in compliance with the Cyanide Code in April 2008, and was recertified in March 2011, May 2014, and in June 2017. As required under the Cyanide Code, the operation was again audited against ICMI's 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 the facility had maintained full compliance with the Cyanide Code's Principles and Production Practices throughout the previous three years. The Summary Audit Report and Auditor Credentials Form are available on TaeKwang’s Signatory Page: https://www.cyanidecode.org/signatory-company/taeKwang-industrial. The operation must be re-audited every three years to evaluate its continuing compliance with the Cyanide Code.

The Cyanide Code is amongst the most established certification programs in the mining sector.  This voluntary industry program is focused on the safe management of cyanide by companies producing gold and/or silver and by companies producing and transporting 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 promote and help ensure the safe and environmentally responsible management of cyanide used within the gold and silver mining industries. Operations are assessed for compliance triennially by qualified, independent auditors. 

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 2019 Annual Report, which can be viewed here.

Date: 
Friday, July 24, 2020