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Lydian International’s Amulsar Gold Mine Pre-Operationally Certified Under ICMC

Lydian Armenia is glad to announce that Lydian International’s Amulsar Gold Mine, in Armenia, has been pre-operationally certified in compliance with the International Cyanide Management Code (ICMC/Cyanide Code). The International Cyanide Management Institute (ICMI) publicly announced Lydian’s achievement on the 18thof January, 2018, per the official ICMI website:
https://www.cyanidecode.org/media-room/press-releases/2018/lydian-international%E2%80%99s-amulsar-gold-mine-certified-under.

Lydian’s Amulsar Project is the first project, worldwide, to receive Pre-operational certification since revisions to the Code, published in 2016 – following amendments to the Code, and the introduction of more stringent auditor guidance protocols. Lydian’s Amulsar Project is the fifth operation, since the inception of the Code, to become pre-operationally certified. The Amulsar Project will be the first in Armenia to be certified in compliance with the ICMC.

A Detailed Audit Findings Report, prepared by an independent professional third-party auditor, who evaluated the Amulsar Gold Mine against the ICMI's Pre-Operational Verification Protocol, was submitted to the ICMI in November of 2017. The ICMI announced on 18 January 2018, in a press release, that it had found Lydian in compliance with the Cyanide Code's Principles and Practices – in accordance with the independent auditor’s findings.

The Amulsar Gold Mine has been conditionally certified and must be audited within one year of its first receipt of cyanide to evaluate its operational compliance with the Cyanide Code. The Amulsar Gold Mine must be re-audited every three years thereafter 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 cyanide. The Code 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.

The ICMI was established to administer the Cyanide Code, promote its adoption, evaluate its implementation, and manage the certification process.

A detailed list of operations that are signatories to the Code, along with the full text of the Cyanide Code and its implementing and administrative documents, is available on the ICMI website: https://www.cyanidecode.org/