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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

Monday, July 23, 2012

World’s Most Polluted Places Are in Asia

In a report by the ABC, quoting data contained in a recent report released by the Blacksmith Institute, it said there are currently more than one million around the world who are subjected to dangerous levels of toxic chemicals, which include industrial chemicals, pesticides, radionuclides, and heavy metals, that come from mining activities as well as industry, agriculture and weapons manufacture.
"The scope of (global) health impact is comparable toAIDS/HIV, or malaria, and that should call us into action to deal with this problem," Richard Fuller, Blacksmith Institute president, said.
Others included in the top ten list of the world's polluted places were central Kalimantan province, Indonesia due to mercury poisoning; Sumgayit, Azerbaijan due to organic chemicals; Chernobyl, Ukraine due to radiation exposure; and, the Arctic Canada due to persistent organic pollutants.
There are many badly polluted sites around the world, according to Mr Fuller. In fact, more than 2,500 sites in the developing world have been flagged with the most toxic threats
"It's difficult for experts to select the absolute worst offenders," he said.
"All of the sites that I have visited are tragic, horrible, shocking places that make your stomach turn," Mr Fuller said. "Often physical deformity is evident. These are not places I will bring my kids."
Posted by at Monday, July 23, 2012

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