Ghana-based international contract mining and civil earthworks contractor, BCM, is expecting steady improvement over the next two years after a sluggish period in 2020/21.
In a statement issued by the company, the Chief Executive Officer, Paul List, confirmed that despite the global economic challenges, the BCM brand still remains strong and reputationally, client trust is still high.
BCM said after a difficult period, the company has been able to maintain its performance standards and quality portfolio of assets, and indicates that for the year 2023 there are “several new and existing business opportunities that they will be taking advantage of, and growing, in Cameroon, Egypt, Guinea, Sierra Leone, Ivory Coast and Jordan.”
“With several joint venture opportunities in these countries, BCM has also been able to improve and increase its mining response operations in Sierra Leone at its Tonkolili site, and anticipates further growth in its Jordan operations,” the statement added.
The chief executive said slippage and internal mismanage of group resources is now a thing of the past, and with the company, internationally better placed, he looks forward to being able to serve group clients, even better.
He also said that although the company has been successful in building a quality portfolio of assets they will spend the next two years, in rationalising owned operations to coincide with the overall vision of the organisation, and no new acquisitions are anticipated.
The focus for BCM, he said, “is a clear focus in the medium term, on the best projects that BCM can properly develop.”
The group head of operations Isaac Ackun said he “does not anticipate a radical change in the way BCM operates at its mines sites, especially when the existing safety culture has ensured another fatality-free year across all BCM operations.
Ackun said the group is determined to maintain a robust business improvement system culture, in order to operate much more efficiently and better support its clients.
Below is the full statement:
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