Lucara Diamond Publishes 2013 Sustainability Report

Lucara Diamond Published 2013 Sustainability Report.pngRecently, Lucara Diamond Corp, a new diamond producer, published its second sustainability report. It highlights the sustainability performance of Lucara’s flagship and producing operation, the Karowe Diamond Mine in Botswana. (Shortlink: http://wp.me/p27qSt-Eq)

The Karowe Diamond Mine was officially opened by the President of Botswana in August 2012. Karowe recovered 440,750 carats in 2013 and enjoys broad community support. This relationship was celebrated during a visit by David Johnston, Governor General of Canada, community leaders and other dignitaries, as detailed further in the report.

Karowe 2

One of the interesting aspects discussed in the report includes how Lucara, a member of the Lundin Group, is assisted by the Lundin Foundation with the selection, design, and management of strategic community investments. For Karowe, the Lundin Foundation developed an innovative partnership with Barclays Bank Botswana and the Botswana Local Enterprise Authority (LEA) to support early stage micro-enterprise development in the region hosting the Karowe operation.

As blogged previously, Prizma has been assisting Lucara with its sustainability reporting efforts over the past two reporting cycles. Prizma is also assisting other mining companies with their sustainability reporting and assurance efforts. In addition, Prizma's team member assist organizations seeking project finance from Equator Banks, Export Credit Agencies and Multilateral Financial Institutions by improving ESIAs to facilitate compliance with IFC Performance Standards, and contribute to reviews by Independent Engineers.

What is your experience with GRI-based sustainability reportng for junior mining companies? What are some of the tangible benefits such reporting exercises can generate for juniors?

Update: Prizma also assisted Lucara with the development of its 2014 Sustainability Report (GRI-G4) which can be accessed here.

3 Comments to Lucara Diamond Publishes 2013 Sustainability Report

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  3. […] blogged previously, Prizma has been assisting Lucara with its sustainability reporting efforts over the past two reporting cycles. Prizma's other recent sustainability reporting projects include […]

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