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

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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

Friday, March 22, 2013

ENVIRON Principal discusses pitfalls to prosperity


International lending institutions have been particularly active in establishing good management practices or standards for environmental and social performance. 
For instance, the World Bank Group/International Finance Corporation have developed mining sector-specific environmental, health and safety guidelines as well as a series  of performance standards that must be appropriately addressed by a project proponent as conditions of investment; these include:
·         Assessment and management of environmental and social risks and their associated impacts.
·         Establishment of fair and healthful labour and working conditions.
·         Prevention of pollution prevention and efficiency in the use of resources.
·         Protection of the health, safety, and security of affected communities.
·         Management of lawful land acquisition and involuntary resettlement issues.
·         Conservation of biodiversity and sustainable management of living natural resources.
·         Protection of the rights, beliefs and traditions of indigenous peoples.
·         Protection of cultural heritage.
These standards are also reflected in the lending conditions established by the Equator Principles Financial Institutions as well as other multilateral lenders with African interests.
Posted by at Friday, March 22, 2013

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