The protests against the Minas Conga mining project, for many of the actual campesinos participating, are a primal cry against thousands of years of crushing poverty, subjugation, marginalization, discrimination, malnutrition and early death. They haven’t seen much economic improvement during Peru’s decade-long economic boom, or more importantly during Newmont Gold’s 20-year management of the Yanacocha gold mine near Cajamarca. They have legitimate gripes and justifiable reasons for not wanting this project to move forward......
For Newmont Gold, the American global mining powerhouse developing the Conga project along with a Peruvian minority partner, it is the bitter harvest of 20 years of failed community relations, mismanaged social programs, and an arrogant, alienating disrespect for the local people that has destroyed all trust. The Cerro Quillish Project, their last attempt to move beyond the declining Yanacocha property, failed due to massive paralyzing protests. Watching 20,000 Cajamarquinos fill the Plaza de Armas on a sunny September day in 2004 to defeat Quillish, I thought, “Newmont will have to make serious changes now.” 8 years later, watching the same leadership have the same result with Conga, I am awestruck at their ability to kill the golden coppery goose with their poisonous ineptitude.
http://powerorliberty.wordpress.com/2012/07/18/conga-mine-protest-cajamarca-peru/
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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.
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