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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.


Saturday, May 13, 2017

Making gold greener? :: Our Planet

Perhaps the most insidious aspect of this, both for people and the environment, is the use of mercury to recover minute gold fragments dispersed in soil and rocky sediments. A heavy metal found in the natural environment, mercury can become highly toxic when used in its elemental – or liquid – form. Liquid mercury evaporates even at relatively low ambient temperature, and can be dispersed over long distances by the wind. It binds with gold to form an amalgam, which is then heated to a high temperature to vaporise the mercury and extract the precious metal. This is often done with rudimentary equipment such as a blowtorch or – in the worst circumstances – over stoves in the miners' own homes. Sometimes cyanide is used on the mining tailings to extract yet more gold, and it combines with the mercury to make compounds that are easily dispersed in water and taken up in food chains.
Breathing in mercury can damage the nervous, digestive, and immune systems. Ingesting it can cause the condition called Minamata Disease, after a coastal city in Japan where humans and animals ate mercury-laden fish and shellfish from the local bay. Its most notable symptoms are convulsions, loss of muscle coordination, and damage to vision, speech, and hearing. Pregnant women exposed to the toxic metal are susceptible to giving birth to babies with congenital diseases.

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