Meridian Mining PLC
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Gilbert Percy Clark
- Full Time Employees
- 78
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 4 More London Riverside London GL United Kingdom SE1 2AU
- IPO Date
- Jul 28, 2004
- Website
- meridianmining.co
- Similar Companies
- Business
- Meridian Mining UK Societas engages in the acquisition, exploration, and development of mineral properties in Brazil, with a focus on gold, copper, silver, zinc, manganese, and tin deposits; its flagship Cabaçal volcanogenic massive sulphide (VMS) copper-gold-silver project in Mato Grosso features an 11km mine corridor along a 50km district-scale VMS belt hosting historical high-grade underground mines, supported by regional exploration in the Jauru and Araputanga Greenstone belts, the Espigão polymetallic project, Mirante da Serra manganese project, and Ariquemes tin project in Rondônia. The company targets mid-tier copper-gold production through open-pit development at Cabaçal, which boasts a Preliminary Economic Assessment outlining after-tax NPV(5%) of $573 million and IRR of 58.4%, with recent drilling at Santa Helena intersecting 75.6m at 4.6g/t gold equivalent including 3.0g/t gold, 1.0% copper, 30.2g/t silver, and 2.5% zinc, alongside multiple high-grade copper-gold-silver layers such as 38.2m at 3.2g/t gold equivalent. Founded in 2013 and headquartered in London, United Kingdom, Meridian operates primarily in Mato Grosso and Rondônia states; recent developments include a $10 million non-brokered private placement from a strategic European investor to accelerate timelines, engagement of Ausenco Brazil as lead engineer for the Cabaçal Definitive Feasibility Study targeting mid-2026 completion with a projected 10-year mine life, a letter of intent with Aurubis AG for offtake and processing collaboration, formal approval of the Cabaçal Preliminary Environmental Licence by CONSEMA, expanded metallurgical testing and infill drilling programs, and the appointment of David Halkyard as Interim Chief Financial Officer.
Company News
Meridian Mining targets Cabaçal production in 2028 - One2One Investor Forum
Meridian Mining shares jump 10% as Cabaçal study points to $2bn value
Meridian Mining's Definitive Feasibility Study for Cabaçal Delivers After-Tax NPV5 of USD 2.09 Billion, 108% IRR, and 0.9 Year Payback
Meridian Announces Inclusion in the VanEck Junior Gold Miners ETF (GDXJ)
Meridian Announces Application for Admission of Shares
Meridian Announces Notification of Transactions of Persons Discharging Managerial Responsibilities
Admission of Shares and Total Voting Rights
Meridian Announces Application for Admission of Shares
Meridian Reports Unaudited Half-Yearly Financial Results for the Six Months Ended 30 June 2026
Meridian Drills Multiple, Stacked Layers of Gold-Copper-Silver and Zinc-Lead VMS Mineralisation Below Santa Helena
Admission of Shares and Total Voting Rights
Meridian Smelter Tests Deliver High Quality Blister Copper from Cabaçal Copper Concentrates
Meridian Announces Notification of Transactions of Persons Discharging Managerial Responsibilities
Meridian Mining plc Announces Total Voting Rights and Issued Share Capital
Meridian Announces Appointment of Two Non-Executive Directors and Further Board Changes Following the AGM
Meridian Announces Results of 2026 Annual General and Special Meeting
Meridian Expands Upside Potential at Santa Helena With the Discovery of a Second Layer of Gold-Silver and Zinc-Lead VMS Mineralisation
Meridian Announces FTSE Index Inclusion and Moves from SETSqx to SETS
Meridian Mining Announces Notice of Annual General and Special Meeting and Board Changes/Nominations
Meridian Reports on Cabaçal Installation Licence Submission and Provides DFS Update