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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, July 26, 2024

In a biodiversity haven, mining drives highest ever recorded levels of mercury

 The study, published Jan. 28 in the journal Nature Communications, reveals that forests — and dense, intact forests in particular — sponge up mercury in the atmosphere that comes from gold mining in the Madre de Dios’s riverine soils. The mercury gathers on the surface of the leaves and in their tissues, and then rainfall washes it from high in the canopy to the forest floor, in a process that scientists call “throughfall.”

read more... https://news.mongabay.com/2022/02/in-a-biodiversity-haven-mining-drives-highest-ever-recorded-levels-of-mercury/

Posted by at Friday, July 26, 2024 0 comments

Thursday, July 25, 2024

Claudio Ferrini's Strategic Insights Lead to Transformative Shifts in Precious Metals Processing

 Mining for precious metals such as gold, silver, and platinum often leads to significant environmental harm. Techniques like open-pit mining disrupt large areas, destroy habitats, and can contaminate soil and water. Producing a single gold wedding ring may generate up to 20 tons of waste. Additionally, mining consumes substantial amounts of water, particularly in arid regions, and risks water pollution from acid mine drainage and toxic substances like cyanide and mercury.

read more... https://www.techtimes.com/articles/306849/20240724/claudio-ferrinis-strategic-insights-lead-to-transformative-shifts-in-precious-metals-processing.htm

Posted by at Thursday, July 25, 2024 0 comments

Tuesday, July 23, 2024

12 Killed, 18 Missing After Downpour Causes Landslide At Illegal Gold Mine In Indonesia

 Miners face numerous hazards, including landslides, flooding and tunnel collapses. Processing of gold itself exposes workers to highly toxic mercury and cyanide as they wear little to no protection while extracting gold ore, AP reported. 

read more... https://www.msn.com/en-in/autos/photos/12-killed-18-missing-after-downpour-causes-landslide-at-illegal-gold-mine-in-indonesia/ar-BB1pAHyY?ocid=BingNewsVerp

Posted by at Tuesday, July 23, 2024 0 comments
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