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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.


Wednesday, September 14, 2011

Proposed Changes To Romania's Mining Law

The historic Village of Rosa Montana would be destroyed by building the largest open cast gold mine in Europe. At full production the mine would dig 500,000 tons of rock per week, emit 134kg of cyanide into the air per day and use 13-15 million kg of cyanide per year for the 16 year mine life. Resistance to the project has since spread  across Romania and Europe.


Anonymous said...

With all the knowledge of mercury and cyanide poising and all the gold mining projects that are active and proposed all over the world and all the people who are protesting how could it be that NOT EVEN ONE company or country is interested in starting even ONE small scale completely environmentally safe and efficient and cost effective facility?

Bob Lembo said...

this is part of a repost from Important Q&A

It might seem logical to ask, so what's the problem?, ban it".
Well, there has always been Political agenda, chemical lobbies, special interests, people selling the mercury etc. to deal with but the problem is so widespread now and affecting so many people other than the miners themselves, that a perfect storm is brewing that the green community can gain power from and finally influence those in decision making positions.
Another facet of this that is little understood is the fact that millions of artisanal miners around the world depend on illegal mining with mercury as their sole source of income. Their governments understand this and they cannot outright ban mercury use without having a revolt on their hands. Alternatives must be slowly introduced so it's effects can be seen by all and the infrastructure needed can be built up. If financing can be had by either a government or through private means, this process will be speeded up accordingly. Regional plants would need to be in place before banning mercury in the area being serviced.
There are other processing techniques that do not require mercury(retorts, gravitation separation, etc.) but none of them come near to the efficiency of HGP because even if they concentrate more gold with gravitational means the micro fine gold, complex gold and gold coated with certain minerals is not absorbed by the mercury. HGP extracts all of the gold present in the concentrate.
As far as the Guyana trip, we had very positive feedback and samples were sent to us that did not have enough gold in them to warrant us treating them as a good example of what we are able to do. We want to demonstrate that we recovery gold as well as extract it and that requires some concentrates that are in the 2 oz/ton or more in order to see the gold drop out. Small scale miners need to see the actual gold produced to believe it works not just see an efficiency report.

August 1, 2011 9:34:00 PM EDT

hourly said...

The price of gold has been up for awhile. Profit driven plans for new mining endeavors are becoming a reality. It is really hard to get my head around Anonymous's statement "NOT EVEN ONE company or country is interested in starting even ONE small scale completely environmentally safe and efficient and cost effective facility". Where is Haber's niche in this globally expanding industry?