Meridian Mining SE is pleased to announce plans to reinitiate exploration programs in August following the successful $3.5M capital raising. Meridian has a portfolio of advanced exploration and resource development projects in the state of Rondônia, Brazil, comprising three hubs: The Espigão Project, focussed on exploration for copper-gold [...]
Meridian Mining is pleased to announce the assay results from six manganese oxide samples taken from the Mirante da Serra sedimentary hosted manganese project and analysed by ALS laboratories. The samples were split from a 110kg batch of manganese oxide concentrate collected for a market scoping exercise, with duplicate samples sent to historical [...]
Meridian Mining is pleased to announce that it has issued 11,869,142 common shares for the repayment of C$16,669,531 of Company debt. 5,958,540 common shares have been issued to Sentient Global Resource Fund IV L.P for the payment of C$14,896,350 and 5,910,602 common shares have been issued to The Sentient Group's nominees for the repayment of [...]
Meridian Mining SE is pleased to announce that with the successful closure of the recent C$3.5M capital raise 1 Dr. Adrian McArthur will now assume the previously announced 2 roles of Chief Executive Officer & President and will joined the Board of Directors of Meridian. At the same time, Mr Gilbert Clark will step down from the Interim CEO role [...]
Meridian Mining SE is pleased to announce that it has closed its previously announced non-brokered private placement1 of 46,766,666 units at a price of C$0.075 per Unit, for gross proceeds of C$3,507,499.95. The Units consist of a common share and a non–transferable common share purchase warrant. Each Warrant will entitle the holder to purchase one [...]
Meridian Mining SE today announces that it has agreed with its major shareholder Sentient Global Resources FIV L.P. a long term pathway forward for the Company. Meridian and Sentient have agreed that to provide the maximum exposure to future growth of the Company for incoming investors, Sentient will return approximately 95% of its shareholding [...]
Meridian Mining SE today announces that the ANM has approved a trial mining licence on Jaburi licence 886643/2008 at the Espigão Project. Guia n° 48/2019 was approved for the production of 30,000t of Manganese oxide concentrate per annum, and is valid until 13/09/2021. The notice of approval was published in the Diário Oficial da [...]
Meridian Mining today announced it has increased the loan facility from Sentient Global Resources Funds IV, L.P. originally made on August 17, 2018 . The Lender has agreed to increase the non-arm's length loan facility by US$1,550,000 for an overall principal amount of US$6,750,000. All other terms remain the same. The loan bears interest at a [...]
In Response To Weakening World Manganese Prices Meridian Mining SE today announces, that due to the continued depressed world manganese ore prices, production from the Company's Espigão d'Oeste Manganese operation in Rondônia, Brazil, will be immediately be put on temporary Care and Maintenance , while continuing to explore value [...]
Meridian Mining today announced it has increased the loan facility from Sentient Global Resources Funds IV, originally made on August 17, 2018. The Lender has agreed to increase the non-arm's length loan facility by US$700,000 for an overall principal amount of US$5,200,000. All other terms remain the same. The loan bears interest at a rate of 10 [...]
Ademir Curral and 5 other targets now available for 2019-2020 exploration & extraction scheduling Meridian Mining SE today announces that it has been granted a Guia de Utilização permit No. GU nº 02/2019 for its Espigão manganese project by the Agência Nacional de Mineração , valid until 6th of March [...]
Four new applications lodged, targeting basin-hosted manganese mineralization in Rondônia, Brazil Meridian Mining SE today is pleased to announce that it has consolidated its land position in its new Mirante da Serra project area , with four new exploration licence applications lodged , covering the northern extensions of the basin succession [...]