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Stamp Program Objectives

In order to address the global mercury problem, Aladdin has developed the Strategic Abatement of Mercury and Poverty (STAMP) program. This program is designed to induce artisanal and all mercury mining users to adopt Aladdin's highly efficient mining technologies. The fundamental strategy looks to illustrate the economic advantages of HGP to the miners. Although being able to provide a safe work environment , safety benefits alone are not sufficient to convince indigent miners to abandon mercury processing. Ultimately, the success of the program must rely on its ability to provide the miners with a greater level of income than what they are able to derive when using mercury. The broad objectives of the STAMP Program are as follows:
1. Employ as many artisanal miners as is possible while maintaining the economical integrity of the program.
2. Work to eliminate the use of mercury when extracting gold in the customary artisanal alluvial concentrates and hard rock deposit areas.
3. Increase artisanal miner wages above the national average and provide bonuses based on gold revenues.
4. Create new employment opportunities and provide training for higher paid jobs in the trades, management, administration, accounting, mining, geology, process engineering, and attendant disciplines.
5. Provide a humanitarian fund to benefit the miners and their families.
6. Convert sites to farming land or forestry after gold is depleted from the properties.
7. Attract artisanal miners to proven gold reserves set aside by large scale mining companies and / or the government.
8. Make a profit for all stakeholders

Aladdin's Pledge To Social Responsibility

Aladdin's Pledge To Social Responsibility

Aladdin Technologies Inc. is dedicated to bringing environmentally friendly processes to host countries so that mineral wealth can be extracted in a way that does not endanger local ecosystems or the health of native people. This interest - coupled with a commitment to mutual respect and a close involvement with all stakeholders - is behind the company's drive to help the government and citizens of countries achieve maximum benefit from their mineral resources. We also recognize that shareholder interests are best served when - based on our ethical treatment of indigenous people and sensitivity to environmental issues - countries actively seek out business relationships with the company.

Social responsibility is not simply an abstract concept, but rather, a realistic moral command and business strategy. Aladdin will do whatever is reasonable to help the communities of people around the world with which it interacts. Therefore, to disregard the tenants of mutual respect and fair trade would not only be morally corrupt, but it could also damage shareholder value in company mineral endeavors. Aladdin endeavors to be a leader in the way in which it brings obligations of social responsibility to its business enterprises.


ALADDIN BLOG

Friday, August 5, 2011

translated news article-Suriname to end mercury use in 2012


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End of 2012 finally ban mercury
Tolerance policy stops 

by Gerold Rozenblad 

05/08/2011


Paramaribo - the end of 2012, the use of mercury in the gold sector finally put under the spell. This statement, the chairman of the management team, "Planning gold sector," Melvin Linscheer, in an interview with the newspaper. His team has calculated that a half years required for the entire sector to prepare for this measure.

 Linscheer is optimistic on the success of the operation. In most fields of gold, mercury is used in large quantities. Tons of these environmentally harmful material, the years brought the country illegally. "If everyone goes along with the reasoning, this should not be difficult," argues that international Linscheer explaining the use of mercury under increasing pressure to bear.Eventually tightened the rules so that international no more gold will be purchased from countries where the use of mercury is regulated. The use of this substance was banned for many years in Suriname. "What happens is that a tolerance is implemented, but coming to an end," emphasizes Linscheer. Any mercury that are outside the health sector is used, it is smuggled into the country. Recently, the sector is informed, that gradually the use of mercury to a zero will be charged. It is in connection with this intention that soon one will be held to include new recovery technique for the sector to keep. Linscheer: "And therefore is also a model for how sustainable Maripaston gold panning." This project is seen as an intermediate step towards the ultimate goal. After all, will be Maripaston still work with mercury, but under the system whereby a retort the mercury is collected. The final step is completely mercury-free working in the sector.Linscheer argues that the commission knows that the new equipment is more expensive than that now in the sector are in progress. Therefore looked back to funding, so everyone in the industry can purchase the new equipment. He gives several reasons that make haste to be put behind the plans. Apart from health, is that the export of fish and plans to export water under pressure. "Do you think countries will buy our products when they learn that there is a risk when these products are contaminated?" Linscheer asks himself. He indicated that Suriname will eventually have no choice than to walk along with the new trend. "Eventually we will have to produce a sustainable manner and that we also say that we 'green gold' production", said a visibly optimistic Linscheer .-.:




Posted by at Friday, August 05, 2011

3 comments:

Bob Lembo said...

This is good news as Suriname is setting the stage for the inevitable ban on mercury. They have mandated the use of retorts right now as a transition to outright banning of mercury in 2012. Retorts prevent the mercury vapors from escaping into the air.

August 5, 2011 at 7:40:00 AM EDT
Moneychallenged said...

Where are they going to get "green" gold technology to replace Mercury!?

Haber Inc?

Say its so!

August 5, 2011 at 9:55:00 AM EDT
rollor2 said...

LET'S NOT ALLOW THEM GORGET THAT WE CAN DO THIS!

August 5, 2011 at 2:07:00 PM EDT

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