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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.


Monday, July 23, 2012

Mercury: Central Kalimantan province, Indonesia

The largest concentration of people at risk from mercury pollution is in Indonesia. Here, in Borneo's Central Kalimantan province, mercury is commonly used to extract gold from ore by small-scale processing operations. According to the WWF, so-called artisanal gold mining (ASGM) here results in the emission of 45 tonnes of mercury into the environment annually. Around the world it accounts for over 900 tonnes of emissions - around 30 per cent of all mercury emissions. Gold miners mix liquid mercury with silt or ore from riverbeds that contains tiny flecks of gold. The gold and mercury form an amalgam, from which the gold can be recovered by heating to drive off the mercury. However, this is often done inside homes and anyone nearby is at risk of inhaling the vapours. "There's also lots of environmental damage, because the mercury finds its way into the environment, where it can be converted to methylmercury, which is even more hazardous to human health when ingested," says Professor Ian Rae, an expert on environmental pollution at the University of Melbourne. The United Nations is currently negotiating a treaty which will hopefully lead to better management of mercury, including its replacement in ASGM with safer alternatives, such as borax.

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