PRESS RELEASES

Read More


Media Presentations & Downloads
For Serious Inquiry On Aladdin Green Gold Processing Call 516-771-0636 or email r.lembo@aladdinseparation.com

Company office
400 Trade Center, Suite 5900, Woburn, MA 01801
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

Tuesday, November 27, 2012

The Philippines: Risking Lives for Gold


In the coastal areas of the Philippines, much of the clay containing the gold ore is below the water table. This means most mining activity must take place under water. In modern times, successful mining involves cheating the sea with low-tech techniques borrowed from local fisherman.
They call the practice compressor mining. It’s the most deadly gold extraction method on earth and is unique to this part of the Philippines. Compressor mining is considered illegal under Philippine law, but the law is largely ignored.
Miners work underwater, breathing through a slender tube attached to a compressor on the surface--hence the name. Fishermen breathed through tubes such as these for generations, but even in relatively shallow waters, the practice is extremely dangerous. Drownings, accidents and carbon monoxide poisoning from faulty compressors are common.
A young boy carries bucket of slurry–a thick soup of water and gold ore–to a panning area on the banks of the Guinobatan River. Young men and children use mercury to help separate the gold particles from the slurry. Much of the mercury used to process gold ore is spilled directly into the river. Image by Larry C. Price. Philippines, 2012.
Posted by at Tuesday, November 27, 2012

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)