Lucara Diamond's Ethical Approach to Diamond Mining in Botswana

3,350 views · Published 23 April 2018 · 7:04 · Indexed 22 September 2026

Channel: The Balancing Act · 2018 · Entertainment

Watch on YouTube

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration licenses in Botswana. They are a leader in the industry for their exacting, ethical standards of diamond mining. Lucara's mine is called “Karowe,” which means “precious stone” in the local language, was commissioned in 2012 and today generates revenues of over $200 million per year. 

However, Lucara isn’t just focused on making a profit at all costs. The company emphasizes a healthy and safe work environment and creating a positive economic and social impact on local communities where they operate. Before the diamond industry came to Botswana, the average life expectancy was just 37 years old. Today, the average Botswanan lives 66 years.

Visit: http://www.thebalancingact.com
Like: https://www.facebook.com/TheBalancingActFans
Follow: https://twitter.com/BalancingActTV

#TheBalancingAct #BalancingAct

104792C

More from this channel