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Meridian Mining

From Wikipedia, the free encyclopedia

Meridian Mining
TypePublic
LSE: MNO
IndustryMining
Founded2013; 13 years ago (2013)
HeadquartersLondon, UK
Key peopleBruce McLeod (chairman)
Gilbert Clark (CEO)
RevenueSteady $nil million (2025)[1]
Decrease $(18.2) million (2025)[1]
Increase $(17.0) million (2025)[1]
Websitemeridianmining.co

Meridian Mining plc is a mining company focussed on gold and copper deposits in Brazil. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]

History

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The company was established as a mining business, focused on metals and mining, in late 2013.[3]

The company first listed its shares on the TSX Venture Exchange in November 2016.[4] Originally located in Amsterdam and registered in the Netherlands, it relocated to London and re-registered in England in 2017.[5]

The company then acquired an interest in the Cabaçal mine near the Cabaçal River in Mato Grosso in Brazil in November 2020.[6][a]

It transferred the listing of its shares to the Toronto Stock Exchange in April 2022.[8]

It then made further discoveries of gold and copper at Saint Helena, 10 kilometres (6.2 mi) southeast of the Cabaçal site, in September 2024.[9]

The company submitted a request to the state authorities for a licence to start construction at its mines in Mato Grosso in May 2026.[10] It also completed a placing of shares and secured a listing on the main market of the London Stock Exchange in May 2026.[11]

Notes

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  1. ↑ The Cabaçal mine had originally been discovered by BP Minerals in 1983.[7]

References

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  1. 1 2 3 "Annual Results 2025" (PDF). Meridian Mining. Retrieved 29 September 2026.
  2. ↑ "Schroders (UK): Constituent Deletion – Update Changes in FTSE UK Index Series". FTSE Russell. 28 September 2026. Retrieved 28 September 2026.
  3. ↑ "Meridian Mining: Prospectus" (PDF). Financial Conduct Authority. Retrieved 28 September 2026.
  4. ↑ "Meridian Mining Announces Listing on TSX Venture Exchange". Newswire Canada. 28 November 2016. Retrieved 28 September 2026.
  5. ↑ "Meridian Mining plc". Companies House. Retrieved 28 September 2026.
  6. ↑ "Meridian Mining Signs Cabaçal Purchase Agreement". Junior Mining Network. 9 November 2020. Retrieved 28 September 2026.
  7. ↑ "Meridian Mining: High-Grade Starter Pit Could Fund Project". Crux Investor. 6 October 2022. Retrieved 28 September 2026.
  8. ↑ "Meridian Mining to Commence Trading on TSX on April 4, 2022". Junior Mining Network. 4 April 2022. Retrieved 28 September 2026.
  9. ↑ "Meridian Mining: CEO on Latest Drill Success at Santa Helena and Development Plan for Cabaçal". Commodity-TV. 27 September 2024. Retrieved 28 September 2026.
  10. ↑ "Meridian's Cabaçal value doubles on higher prices". Mining.com. 22 September 2026. Retrieved 28 September 2026.
  11. ↑ "Meridian raises $34M in London market debut". Mining.com. 1 May 2026. Retrieved 28 September 2026.
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