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For Serious Inquiry On Aladdin Green Gold Processing Call 516-771-0636 or email r.lembo@aladdinseparation.com

Company office
400 Trade Center, Suite 5900, Woburn, MA 01801
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

Monday, August 4, 2014

One-Hundred Goldsmiths Apply for Fairtrade Registration

Around the world small scale mining employs about 15 million miners. As many as 100 million people depend on it for their livelihoods.
·          Fairtrade Gold was first launched in 2011 in the U.K. closely followed by launches in Australia, Belgium, Canada, Denmark, Luxembourg, Norway, Sweden, Netherlands and South Korea. Discussions are currently underway to introduce certified gold in the U.S. and Switzerland in the near future.
·          The Fairtrade Minimum Price for pure gold is set at 95 percent of the London Bullion Market Association’s (LBMA) fix plus a Fairtrade Premium of $2,000 per kilogram of fine gold bought from the mines. Platinum is set at 95 percent LMBA + Fairtrade Premium of 15 percent; silver is 95% LMBA + Fairtrade Premium of 10 percent. The LBMA fix is the international agreed price for gold. Artisanal and small-scale miners (ASM) producers in the mainstream get anything from 50 percent to 85 percent of the LBMA fix.
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=47627

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