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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.


Tuesday, January 22, 2013

A small step closer to protecting children in the gold regions of Mali

Around one million children work in the artisanal gold mining sector, many of them in the poorest countries of Africa.
Mali is one such country, where small-scale artisanal miners rely on the revenue they can earn from digging for gold. So while the fighting in Mali’s north goes on, gold production continues unabated in the stable south and southwest of the country.
However, in these regions, as elsewhere in Africa, another battle is being waged, this time against the use of mercury in artisanal gold mining. Mercury is used by small-scale miners to separate the gold from its surrounding ore and rock debris. Though other safer substances can be deployed for this purpose, they’re not as cheap or as easy to use.
However, the widespread use of mercury – which has no taste or smell – causes frequent contamination of local water and food supplies. Once ingested or taken in through exposure to the skin or by inhaling fumes, it causes severe neurological problems. Children and unborn babies are particularly vulnerable, but high enough doses can cause brain damage in adults. Speaking to The Guardian, a senior environmental analyst confirms that in communities where small-scale gold mining takes place, it’s common to see “people who have tremors, who have difficulty walking [and] who have a lot of uncontrolled eye movements”.

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