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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

Saturday, April 21, 2012

Ecuador: Agree to eliminate mercury in mining



And mining authorities pledged yesterday to serve a global agreement determines that mercury should be removed from the mining of the heavy pollution it causes.
In addition, economic enterprises engaged in the extraction of minerals should gradually reduce the use of reagents and chemicals in the processing and refining of minerals.
The proposal was approved yesterday by the Government authorities, representatives of mining cooperatives and small and medium mining in Cochabamba during the First International Forum on Mining "Green Gold", held in government facilities department with exhibitions of international experts.
For the president of the Legislative Assembly Department, Freddy Illanes, who represents the mining cooperative sector, the recommendation of the event is successful because all mining pollutes the environment, destroy aquifers and soil nutrients, returning farmland sterile .
"The cooperative miners are warned about the damage caused by the use of reagents, chemicals and mainly mercury, both in the health of humans and animals such as the environment. We have the great challenge of how to prevent contamination in the process of refining and concentration of minerals, "he said.
Agreement
Andia Angel, head of the Strategic Planning Unit, said the approach of not using chemicals aims to fulfill a global agreement whereby the United Nations and 130 countries agree to stop using, until February of next year mercury in mining.
"That means that cooperatives and private companies engaged in gold mining artisanal and small scale as in the case of Cochabamba, will have to take steps to reduce and eliminate the use of mercury in their production processes," he said.
Illanes Cochabamba reported that there are significant gold deposits in northern Ayopaya.
Posted by at Saturday, April 21, 2012

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