The government has set an April 19 deadline for unlicensed miners
to start the process of becoming formalized, which is meant to be
completed by 2016.
Energy and Mines Minister Eleodoro Mayorga said in a meeting
Thursday with the foreign press that the government remains firm in its
April 19 deadline.
"Those miners that don't start the formalization process by April 19 will be in an illegal position," he said.
Mr. Mayorga added that reaching a deal with unlicensed miners in
the southern Madre de Dios region will be difficult to achieve, as most
of the mining there takes place in rivers.
Illegal mining is prevalent in Peru, though experts say about half
of the activity is concentrated in the southern regions of Puno, Madre
de Dios and Cusco.
The unregulated gold mining has devastated thousands of hectares of
forests and caused widespread mercury contamination of water and
fishing sources.
Peru is the world's sixth largest gold mining nation in terms of production.
http://online.wsj.com/article/BT-CO-20140327-711065.html
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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
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