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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.


Wednesday, August 17, 2011

Can we get Alladin Busy?

Has anyone ever thought about loading the Alladin onto a flatbed truck and driving out west to process some tailings piles. If the efficiencies of current methods are low, then there is gold in them thar hills. Why not load up the machine take it west and split the gold with an gold company who has tailing that are laden with gold they cannot extract. We give them half, or less :), and everyone makes out like a bandit?

How long does it take to travel from Bean town to Arizona. I did it in 3 days in my Acura pulling a U-haul!


bolivarbum said...

How much do tailings cost? Could we just buy some tailings? I reaad not long ago ( I don't remember where) that some tailings had as much as 50% of the gold left in them. If we knew how much gold was extracted in the first place, we could easily calculate if the tailings would be profitable to us or not, depending on our cost of extraction. This must have been considered before, right?

rollor2 said...

Why not reach out to mining companies which have tailings and offer to gat the rmaining gold. For this effort, Haber could share some oe the profits with the mining company. This could also lead to some kind of agreement to process some of these companies' ores.

Moneychallenged said...

It seems like a great way to generate some much needed income. At the current price of gold, we could cover some of the liabilities that have put up the current road blocks.

Bob, can you explain why this hasn't been done yet? What about that Arizona property that was mentioned some months ago (dare I say years?)?

Bob Lembo said...
This comment has been removed by the author.
Bob Lembo said...

To be more precise, the EPA has many restrictions and prohibitions against transporting chemicals on mobile units. They look at it as if every stop you make is a fixed processing plant that must go through an intensive investigative period.
Again, we are aware of the tailing potential but the practicality in terms of time and money compared to other things we are trying to do does not make it a high priority at this time.