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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.


Sunday, January 27, 2013

How much does MethyMercury (MeHg) pollution cost in EuroZone? Ten billion euros!

MeHg pollution attacks the nervous system, whether in adults or children, although children, fetuses and infants are more vulnerable. It damages the nervous system. It can stop your nerves from working well; can affect the workings of your memory such that you can no longer keep attention when needed; it can affect how your limbs work, and furthermore, it can affect how your eyes calculates space such that you could mistakenly fall down from a story building without realizing it. In health and human terms, the cost is enormous.
A team of researchers wanted to find out the effect of MeHg poisoning in 17 European countries by collecting hair samples from mothers and their children. They found that 1.8 million children are born exposed to toxic levels of MeHg, and of these, about 13% (i.e 232,000) are exposed to hazardous levels. By country analyses showed that children born in Portugal and Spain were most exposed, while Hungarian children were the least.
A member of the research team, Prof. Philippe Grandjean, explained that converting the effects of MeHg on developing brains into IQ points would mean that controlling MeHg pollution equates to 700,000 IQ points per year that would be salvaged; translated into monetary benefits, these is equal to between 8 billion to 9 billion euros per year for the whole of the European Union . Controlling exposure levels in European countries is certainly worth the effort.

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