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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, July 11, 2012

Paracale mining: A way of life, death

To reach the gold ores, miners also have to dig and crawl into about 50-meter deep mining tunnels that eventually maze out into lateral passageways called “drives,” which can lead to more vertical, deeper excavations depending on the availability or locations of the ores.
The deeper a tunnel is, the less air it has for miners to breathe in and the higher the risk of miners being suffocated or buried alive.
Constantino and dozens of other townsfolk, especially those who are poor, are familiar with the risks. But, for them, the risks are part of daily life.
“It is only scary when it’s your first time. Fear gradually fades away,” says Constantino.
In Paracale, most of the mining tunnels are located not far from the town proper. In Barangay Palanas, most of these tunnels are on the sides of the hills that overlook the town proper.
With nine other companions, including a team leader, Constantino has dug a 20-meter hole leading to a possible ore. It is getting deeper because they have yet to hit an ore or a hint or trace of it.
To prevent the hole from crumbling and burying the miners, pieces of wood are mounted on the sides of the hole.
The hole is pitch-dark and is only illuminated by an electric bulb lowered into it.
To descend, miners cling to a rope slowly lowered into the tunnel until they reach the bottom.
When power runs out and causes the compressors that pump air into the hole to stop running, miners have to climb out within 30 minutes or die of suffocation.
Extra care has to be observed since anything that falls into the pit, even a pebble, can turn into a free-falling projectile that can injure the diggers below.

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