DAILY NEWS Nov 15, 2009 5:00 PM - 0 comments

CYANIDE MANAGEMENT: Porgera, Plutonic gold mines certified

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2009-11-15

WASHINGTON, DC — The International Cyanide Management Institute (ICMI) has confirmed that the Porgera gold mine belonging to Toronto's Barrick Gold has been certified as fully compliant the with International Cyanide Management Code. The mine is located in Papua New Guinea. The Institute also confirmed that Barrick's Plutonic gold mine in Western Australia is fully compliant with the Code.

 

ICMI has received and accepted Detailed Audit Findings Reports prepared by an independent professional third-party auditors who evaluated these operations against ICMI's verification protocol and found them in full compliance with the code's principles and standards of practice. Either site’s summary audit report and auditor credentials are available on the signatory companies page on the ICMI web site: www.CyanideCode.org/signatory_BarrickGold.php . The operations must be re-audited every three years to evaluate continuing compliance.

 

Porgera is a joint venture of Barrick (95%) and the local government. An open pit, underground mine and mill are operated at the site, producing approximately 650,000 oz of gold annually.

 

The Plutonic mine and mill are 100% Barrick-owned and produced 128,000 oz of gold in 2008.



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