Lamaque Complex Joins Elite Group with TSM Gold Leadership Status
In a distinction achieved by fewer than a handful of mining facilities, Eldorado Gold’s Lamaque Complex has been awarded the prestigious Towards Sustainable Mining (TSM) Gold Leadership Award by the Mining Association of Canada. Earning this accolade places Lamaque among just six operations to reach this level, reflecting Level AAA ratings—the highest possible—across every TSM performance indicator following rigorous external audits. Notably, this is the first time since 2020 such an award has been granted, underscoring just how rare and difficult this standard is to attain.
Certified in Full Compliance with International Cyanide Code
Adding further weight to Lamaque’s sustainability record, the complex also received certification in full compliance with the International Cyanide Management Code last week—the globally recognized standard for safe, environmentally responsible cyanide handling in gold production. This dual achievement highlights Eldorado’s multi-year commitment to best-in-class safety and environmental practices.
Recognized for Sustainability, Community, and Safety Excellence
The TSM Gold Leadership Award is based on stringent performance metrics that span climate change, water and tailings management, Indigenous and community relationships, employee safety and health, biodiversity, and crisis management. Lamaque’s Level AAA across all indicators was confirmed by independent auditors, signaling not only technical excellence but also a deep collaboration with local communities—named by company leadership as key partners in the journey to this standard.
| Facility | Award/Certification | Year Achieved | Number of Sites with Award* |
|---|---|---|---|
| Lamaque Complex | TSM Gold Leadership Award International Cyanide Code Compliance |
2026 | 6 (TSM Gold, all-time) |
*As of March 2026, only six sites have received TSM Gold since program inception.
SIMS Framework Drives Broad Adoption of Best Practices
Lamaque’s success is not isolated. Eldorado Gold’s Sustainability Integrated Management System (SIMS), established in 2021, embeds TSM protocols company-wide across its Canadian, Greek, and Turkish operations. Importantly, SIMS undergoes regular reviews to ensure alignment with evolving international standards, reinforcing the company’s philosophy that sustainability is not a box-checking exercise, but a source of ongoing operational improvement.
Key Takeaway: A New Standard Emerges for Industry Sustainability
Big picture: These dual milestones—an ultra-rare TSM Gold Leadership Award and full cyanide code compliance—set a new sustainability and ESG benchmark in the mining industry. For investors, stakeholders, and communities, Eldorado’s progress at Lamaque offers concrete proof that high productivity and environmental stewardship can go hand in hand.
With supply chain scrutiny and environmental standards ever tightening—especially as gold plays a role in technology and security—Eldorado’s proactive approach could position it for broader acceptance and risk reduction going forward. Stakeholders may want to watch how these best practices ripple through the industry, and whether other market leaders will step up to the same gold standard.
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