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Glamis Gold Ltd. Becomes Signatory to International Cyanide Management Code.


WASHINGTON -- The International Cyanide cyanide (sī`ənīd'), chemical compound containing the cyano group, -CN. Cyanides are salts or esters of hydrogen cyanide (hydrocyanic acid, HCN) formed by replacing the hydrogen with a metal (e.g., sodium or potassium) or a radical (e.g.  Management Institute (ICMI ICMI Incoming Calls Management Institute
ICMI International Commission on Mathematical Instruction
ICMI International Customer Management Institute
ICMI International Conference on Multimodal Interface
ICMI Implementing Cisco Multicast Infrastructure
) announced today that it had accepted the application of Glamis Gold Glamis Gold Ltd. was a Reno, Nevada based gold producer with operations in the Americas. In 2006 they expected to produce 620,000 ounces of gold at a total cash cost of US$190 per ounce. They remained 100% unhedged.

On 31 August 2006, Goldcorp acquired Glamis Gold for $8.
 Ltd. to become a signatory sig·na·to·ry  
adj.
Bound by signed agreement: the signatory parties to a contract.

n. pl. sig·na·to·ries
One that has signed a treaty or other document.
 to the International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold (Code). The Code is a voluntary industry program for companies involved in the production of gold using cyanide. Glamis Gold Ltd. is a gold mining company with operations in North and Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. , producing annually over 400,000 troy ounces of gold.

Glamis Gold Ltd. joins 21 other companies as a signatory to the Code. By becoming a signatory, the company commits to following the Code's Principles and implementing its Standards of Practice, and to have verification audits of its individual operations conducted by independent third-party auditors within three years of their initial application, and every three years thereafter. The purpose of the verification audit is to evaluate an operation to determine if its management of cyanide achieves the Code's Principles and Standards of Practice. Operations will be certified if found in compliance with the Code, and will be de-certified if ICMI determines that they no longer comply with the Code.

The Code was developed under the aegis of the United Nations Environment Programme by a multi-stakeholder Steering Committee steer·ing committee
n.
A committee that sets agendas and schedules of business, as for a legislative body or other assemblage.


steering committee
Noun
. 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. A detailed list of the operations covered by signatory companies' applications, along with the full text of the Code and its implementing and administrative documents, are available at www.cyanidecode.org.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Glamis Gold Ltd. Becomes Signatory to International Cyanide Management Code.
Publication:Business Wire
Geographic Code:1USA
Date:May 25, 2006
Words:289
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