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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.


Saturday, August 20, 2016

At The Mercy Of Mercury, Indonesian Miners Risk It All

It's unclear if there is a direct link between this stunting and the use of mercury. But studies by two NGOs, BaliFokus and the Medicuss Foundation, have shown higher rates of delayed development and birth defects in areas where illegal mining is prevalent in Indonesia.
Three years ago, Indonesia signed the Minamata Convention to phase out the use of mercury. The trade and use of mercury is now illegal in Indonesia. But the ban is rarely enforced. In fact, mercury is now cheaper than ever, and easily accessible.
Even when they are aware of the risks, miners can still be lured by the promise of striking it rich, or at least of earning more than they could otherwise.
"We can't make money elsewhere," Rian, a Lombok miner, explains. "If we work in construction, we earn 50,000 rupiah ($3.80) per day. But if we work here in the mine, we earn more. Sometimes we earn 150,000 rupiah ($11.50) for one day. So we can eat and drink."
Campaigns to raise awareness about the dangers of mercury have had some success. And there are some noticeable changes. Rian says that he and his wife now use potassium and carbon, rather than mercury. The method is more time consuming, but safer.

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