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– Olivier Cecchinat Oct 14 ’17 at 14:25
Singapore, Singapore, July 18, 2024 /EINPresswire.com/– OL Mining Inc (“OL Mining”), the mining subsidiary of Singapore-based OLC Project Management, has announced a strategic technology partnership with XCALIBUR Multiphysics SL (“XCALIBUR”), a leading mining technology company based in Spain.
The two parties will work with Impact Global Development Partners Ltd (“IGDP”) to advance mining exploration and development plans in Africa. The two parties signed a memorandum of understanding on June 1, 2024, which aims to promote long-term, effective and mutually beneficial cooperation and ultimately establish a business relationship that will have a positive impact on the region.
Specifically, Xcalibur will lead a comprehensive mapping program in selected African countries in several phases, each targeting specific goals and outcomes. At the same time, IGDP will leverage its extensive network of government decision-makers to facilitate discussions, secure authorization and approval of mapping projects, and mobilize funding to support implementation of each phase.
OL Mining and OLC Project Management will provide key support for project structuring, presentation to interested parties, and investment in financing mechanisms developed for the program. In particular, OLC Project Management will leverage its extensive network in Asia to mobilize interested mining companies and investors into Africa.
Olivier Chekinah, CEO of OLC Project Management and OL Mining, said: “We are delighted to announce this strategic partnership between Xcalibur, IGDP and OL Mining. Together we are committed to driving sustainable development in the African mining industry through this innovative mapping project. In the future, we will also bring XCALIBUR’s technology and expertise to Asia, especially to emerging mining economies in Southeast Asia such as Indonesia and the Philippines.”
Media Contact: Liz NT
Public Relations, OLC Project Management
Email: lysette@olcpm.com
About Xcalibur
Xcalibur Multiphysics specializes in geophysical solutions for the exploration and evaluation of mineral, energy and environmental resources. The company has more than 40 aircraft equipped with state-of-the-art systems that map surface and subsurface features to identify natural resources such as minerals, hydrogen and geothermal energy. Their multidisciplinary team uses techniques such as gravimetry, magnetometry and radiometry to analyze data and provide detailed reports and recommendations for optimal resource utilization. Xcalibur promotes responsible practices and is committed to sustainable development.
For more information, visit https://xcaliburmp.com/
About OLC Project Management and OL Mining
OLC Project Management is a Singapore-based consultancy co-led by founder and CEO Olivier Chekinah that aims to bridge real estate and mining opportunities between Asia and Canada by showcasing deals and providing cross-border expertise. OL Mining is its Canada-based subsidiary focused on the mining industry, with a mission to unlock the potential of Africa and developing countries through a comprehensive analysis of existing and accessible resources in these countries.
For more information on OLC Project Management and its subsidiaries, including OL Mining Inc., visit www.olcpm.com.
Liz NT
Public Relations, OLC Project Management
lysette@olcpm.com
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