"While national elections in Ghana and Ivory Coast may slow growth in the first quarter of 2021, we do not foresee any regulation impacts in our business."

Federico De Simone

DIRECTOR, DE SIMONE GROUP

January 20, 2021

Could you give us some recent examples of the projects De Simone has conducted in West Africa?

De Simone is a Ghanaian indigenous company that started operating in 1964 and has since expanded into various sectors such as power, mining and oil & gas. We currently operate in Ghana, Burkina Faso, Ivory Coast, Nigeria and other targeted projects in West Africa.

We are predominantly involved in the civil engineering construction industry, which includes structural concrete works, earthwork, buildings and mechanical erection directly related to the mining sector. We further provide services for contract mining with selected clients.

Ivory Coast has become an important focus area for De Simone and we are currently working at the Bonikro mine for Afrique Gold raising the TSF facilities, and contracting services at Endeavour’s Agbaou mine. In Ghana, we have recently completed the paste backfill project for Golden Star at their Wassa mine, involving our newest venture in CSMPP (Civil, Structural, Mechanical and Piping Works). We have also just been awarded the EPC for a wastewater treatment facility at AngloGold Ashanti’s Iduapriem mine.

How do you see the development of the mining industry in the region?

This year came with positive signals on the mining front, and we were strategically well placed to find ourselves in the developing mining sector of Ivory Coast, where we have seen positive progress throughout the year.

Within the De Simone Group, we have perceived a dynamic mining market progress over the last two to three years. We envision the mining market for 2021 will see acceptable cyclical growth throughout its quarters. While national elections in Ghana and Ivory Coast may slow growth in the first quarter of 2021, we do not foresee any regulation impacts in our business.

What can you comment on the state of competition in the services sector in the countries De Simone operates?

We are happy to report that we see extensive competitive tendering throughout the West African region.  With this in mind, clients are receiving competitive bids enhancing their all-in sustainability costs towards new mining projects and mining infrastructure expansions.

What are De Simone’s strengths and how do you differentiate in the market to win tenders?

The De Simone Groups’ projects divisions are flexible in their customer-focused approach, allowing for smart partnerships and proficient contractor experience in all forms of contracting. De Simone can provide packaged solutions and products for multi-disciplinary projects. De Simone owns and operates quarries, batch plants and workshops throughout West Africa to support project operational requirements.

INTERVIEWS MORE INTERVIEWS

"Heading to 2025, the outlook seems positive, particularly with US$1.3 trillion of capital available for dealmaking. This positions the industry to pursue external growth aggressively if internal pipelines fall short."
“Desde el 2024 venimos cerrando las brechas con la nueva cartilla de The Copper Mark. La auditoría final será en marzo, y esperamos recertificarnos sin problemas, siendo de las primeras empresas en hacerlo bajo el nuevo estándar.”
"Eriez’s collaboration gave Kennecott and Rio Tinto a competitive edge, allowing them to leverage new technology across their operations."
"The entire industry is heading in the direction of guided workflows and data management."

RECENT PUBLICATIONS

MACIG 2025 - Mining in Africa Country Investment Guide

It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.

MORE PREVIOUSLY PUBLISHED

MACIG

"Ukwazi means 'to know' in Zulu, and our specialist teams and industry experts integrate multiple knowledge disciplines."

SUBSCRIBE TO OUR NEWSLETTER