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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

Sunday, January 20, 2013

Villagers accuse Renco Mine of polluting rivers


The villagers also claimed that their domestic animals were dying because the mine was discharging the effluent into Nyajena River and other streams that feed into it.
The villagers also use water from the river and streams for domestic purposes.
Last week, the villagers who joined a strike by Renco Mine workers’ wives which started on Monday, said the mine was not being friendly to the environment.
Their spokesperson, Shingirirai Zvavamwe said many villagers had lost livestock under unclear circumstances. He said the villagers suspected that the deaths were caused by the effluent the mine was discharging into water sources.
“Many villagers have lost livestock and we feel it is cyanide which the mine uses in the extraction of gold. We need an explanation from the mine management,” said Zvavamwe.
Renco Mine manager, Suprine Kachisa could neither deny nor confirm the allegations, saying he could not talk to the press due to company protocol.
The mine’s managing director, Ashton Ndlovu said he wanted questions in writing, but had not responded by the time of going to print.
The villagers also accused the mine of reneging on its promise to develop the community under its social responsibility programme.
Posted by at Sunday, January 20, 2013

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