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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, October 31, 2014

Canadian International Resource Development Institute (CIRDI) carries forward the legacy of ASM expertise within NBK Institute of Mining Engineering

  • There are approximately 30 million ASM individuals throughout all developing countries involved in extracting over 30 different minerals that make their way to the global marketplace.
  • The number of artisanal miners (especially gold miners) in rural areas of developing countries has been increasing due to progressively harsher living conditions.
  • Artisanal mining is recognized as the largest environmental and social problem related to mining in developing countries.
  • Governments are not usually prepared to train artisanal miners or to deal with problems related to the environment and formalization of artisanal miners.
  • According to the United Nations Environment Programme (UNEP), the mercury being released/emitted by the artisanal gold mining sector annually into air, land and water is now the world’s predominant source of mercury pollution.
  • The social and environmental issues associated with ASM include tax evasion, invasion of corporate concessions, siltation of streams, landscape degradation, deforestation, increased drug use and spread of sexually transmitted infections, destruction of cultural and community fabric, destruction of arable land, accidents and fatalities, forced child labour, and about 1400 tonnes of mercury and hundreds of thousands of tonnes of cyanide released into the environment annually.
  • http://goxi.org/profiles/blogs/canadian-international-resource-development-institute-cirdi 
Posted by at Friday, October 31, 2014

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