David Johnson: De Beers charts cautious Angola return amid industry transformation

De Beers is rebuilding its presence in Angola through government partnerships and community engagement, marking a strategic comeback following its difficult exit years ago from the diamond-rich nation. However, De Beers spokesperson David Johnson cautioned...

24 november 2025

Maria Krasnova: Colored gemstones are a serious investment

Maria Krasnova, Executive Director of the renowned company “Samotsvety ot Sokolov” (Gems by Sokolov), spoke to Rough&Polished about the Gemstone project aimed at selling precious stones, as well as about current market trends, new challenges...

17 november 2025

Forging a new legacy: Tshenolo Ntshekang on building a black-owned diamond beneficiation business in South Africa

In an industry historically defined by limited access and foreign dominance, Tshenolo Ntshekang is carving a new path. The founder of Banzi and Karolo Projects, a black-owned diamond beneficiation business, Ntshekang, represents a growing wave of...

03 november 2025

Mahiar Borhanjoo returns to ‘The Heart Of The Diamond Business’

Having started his career in the diamond trade at De Beers in London, Mahiar Borhanjoo returned to the diamond giant last year as Chief Commercial Officer after working for a decade for other diamond companies. Mahiar explains why he returned to De Beers...

27 october 2025

Mubri president Ali Pastorini: You just need to play a transparent game and do everything possible to attract clients

Ali Pastorini, co-owner of the DEL LIMA JEWERLY and president of the Mubri International Association, which unites more than 2,500 wholesalers, retailers, and designers from 18 countries. In this interview with Rough&Polished Ali Pastorini talks about...

20 october 2025

Antofagasta commissions desalination plant in Chilean region struck with 15-year-long drought

27 march 2024

Antofagasta Minerals has recently commissioned a desalination plant that cost more than $2 billion to build. The plant, a part of its flagship Los Pelambres copper mine, is aimed at relieving the effects of severe drought that has hit its production.

According to Reuters, the mine is the first to operate with desalinated water in an area of the country that has suffered a 15-year drought, sucking water from reservoirs and sparking concern over the fresh water supply. The company plans to pump 400 liters of water per second for use at Los Pelambres. Construction of the plant began in 2019.

Chilean President Gabriel Boric commended the project, saying: "Especially with the climate change crisis, we must be not only a mining country, but also a country at the cutting edge of responsible, sustainable mining."

Chile's historic drought has impacted nearly every aspect of life in the nation that is the world's top copper producer, Reuters notes. Mining companies outside the drought-struck Coquimbo region are already using seawater in their activities.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished