Kingsgate maintains environmental best practice

The International Cyanide Management Institute (ICMI) announced today that Akara Mining Limited’s Chatree; Gold Mine in Thailand; the operating subsidiary of Kingsgate Consolidated Limited; has been certified as; compliant with the International Cyanide Management Code (Code).; ICMI has received and accepted a Detailed Audit Findings Report prepared by an independent professional; third-party auditor who evaluated this operation against ICMI’s Verification Protocol; and found it in full; compliance with the Code’s Principles and Standards of Practice.

The operation must be re-audited every; three years hereafter to evaluate continuing compliance with the Code.; The 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 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 Code; promote its adoption; evaluate its implementation; and; manage the certification process.

To date there are only 14 gold mining companies that are Code Signatories and 23 gold mining operations; that are Code Certified. Kingsgate is the first Australian company to achieve Code Certification of a gold; mining operation.