Welcome to our dedicated page for Meridian Mining news (Ticker: MRRDF), a resource for investors and traders seeking the latest updates and insights on Meridian Mining stock.
Meridian Mining Plc develops and explores precious- and base-metal mining projects in Mato Grosso, Brazil, led by the Cabaçal Au-Cu-Ag project and the Santa Helena deposit. Company news commonly covers mineral resource updates, drilling results, preliminary licensing, feasibility-study work, and regional exploration across the Cabaçal, Jauru and Araputanga belts.
Updates also document corporate actions such as the completed conversion and name change to Meridian Mining Plc, governance-role changes, Brazilian subsidiary activity at Rio Cabaçal Mineração Ltda, mineral-right approvals by the Agência Nacional de Mineração, and disclosures tied to capital structure and operating results.
Meridian Mining (OTCQX: MRRDF) has applied for the admission of 195,520 new ordinary shares of €0.01 each to trading on the London Stock Exchange. The shares, issued following exercises under the Omnibus Plan 2025, are expected to be admitted on 26 August 2026 and will rank equally with existing ordinary shares.
Meridian Mining (OTCQX: MRRDF) reported unaudited half‑year 2026 results, highlighting major equity financings and project advances. The Company raised CAD 57.5M via a bought deal (36.4M shares at CAD 1.58) and a further GBP 25M via a London Main Market placement (27.2M shares at 92p), supporting its transition toward development.
According to Meridian, cash and cash equivalents rose to USD 96.0M and net assets to USD 102.1M, while total expenses increased to USD 10.0M and total comprehensive loss to USD 12.7M. The Cabaçal Definitive Feasibility Study is nearing 50% completion and remains on schedule for Q4 2026, with long‑lead items such as the SAG mill and transformers ordered. Updated Mineral Resource Estimates show Cabaçal’s open‑pittable M&I resource at 70.1Mt and Santa Helena Central’s maiden M&I resource at 5.3Mt, alongside multiple new VMS discoveries along the belt.
Meridian Mining (OTCQX: MRRDF) reported new drill results from the Santa Helena area, 10 km south-east of its advanced Cabaçal gold-copper-silver project in Mato Grosso, Brazil. Drill hole CD-878 intersected multiple stacked VMS layers below the Santa Helena Central resource, totalling 13.0m of gold-copper-silver and zinc-lead mineralisation.
The upper layer in CD-878 returned 11.3m @ 0.8g/t Au, 0.2% Cu, 17.6g/t Ag, 3.4% Zn and 0.6% Pb from 199.8m, including 4.4m @ 1.7g/t Au and 32.1g/t Ag, with peak assays of 7.3g/t Au and 71.7g/t Ag. A lower copper-dominant stringer zone returned 1.7m @ 0.9% Cu from 224.7m, including a 0.6m sample grading 1.6% Cu. The CD-878 intersection lies about 90m down-dip from CD-869, where the mineralised envelope has widened from 7.2m to 11.3m and remains open in all directions, with further drilling and borehole EM planned.
Meridian has also begun first reconnaissance programmes across its Jauru and Araputanga Greenstone Belt licences, covering 66,552 ha and 51,826 ha respectively. According to Meridian, the Cabaçal PFS outlines an after-tax NPV5 of USD 984 million, a 61.2% IRR, pre-production capex of USD 248 million, AISC of USD 742/oz AuEq, life-of-mine production of 141,000 oz AuEq, and Proven and Probable reserves of 41.7 Mt at 0.63g/t Au, 0.44% Cu and 1.64g/t Ag.
Meridian Mining (OTCQX: MRRDF) has confirmed that admission to trading on the Main Market of the London Stock Exchange became effective at 8:00 a.m. on 10 July 2026 for 1,605,577 new ordinary shares of €0.01 each. These comprise 105,577 shares issued under the 2025 Omnibus Plan and 1,500,000 shares issued under the Cabaçal Agreement, ranking pari passu with existing shares, including dividend rights from the issue date.
Following admission, Meridian Mining’s total issued share capital is 487,119,091 ordinary shares, all carrying one vote each, with no shares held in treasury. The total voting rights figure of 487,119,091 may be used by shareholders for FCA Disclosure Guidance and Transparency Rules calculations.
Meridian Mining (OTCQX: MRRDF) reported that laboratory-scale smelting and converting tests on copper sulphide concentrates from its Cabaçal copper-gold-silver project in Mato Grosso, Brazil produced high-quality blister copper grading 98.9% Cu, with 95.2 g/t gold and 387.6 g/t silver.
The blister copper showed very low minor-element impurities, with levels reported as better than typical high-quality anode copper, and maintained targeted residual sulphur. The smelting programme at Kingston Process Metallurgy achieved about 95% copper recovery and low copper in slag (0.37% Cu), indicating efficient conversion of Cabaçal concentrates to blister under conditions representative of commercial operations. Meridian said these characteristics support strong marketability of future Cabaçal concentrates, and the company continues off-take discussions as its definitive feasibility study and project finance preparation advance.
Meridian Mining (OTCQX: MRRDF) granted conditional share awards on 9 July 2026 under its Omnibus Incentive Plan to directors and other persons discharging managerial responsibilities. Awards comprise restricted share units (RSUs), performance share units (PSUs) and deferred share units (DSUs), calculated using a reference price of CAD1.70/GBP£0.92.
The CEO, Gilbert Clark, received 166,481 RSUs and 332,963 PSUs; the CFO, David Halkyard, 107,796 RSUs and 215,593 PSUs. Chairman Bruce McLeod received 66,592 DSUs, while five non-executive directors each received 33,296 DSUs. RSUs and PSUs generally vest after three years; DSUs vest monthly and settle when a director leaves the Board.
Meridian Mining (OTCQX: MRRDF) announced updated total voting rights and issued share capital in line with FCA DTR 5.6.1R.
After issuing 1,605,777 new ordinary shares, the company’s total issued share capital at 30 June 2026 is 487,119,091 Ordinary Shares, each carrying one vote, with no treasury shares.
Meridian Mining (OTCQX: MRRDF) announced the appointment of Dr. Carlos Vilhena and Mr. Felipe Holzhacker Alves as independent non-executive directors, effective immediately, following its AGM.
Dr. Adrian McArthur and John Skinner have stepped down from the board, with McArthur remaining President and Skinner joining the Advisory Board.
Meridian Mining (OTCQX: MRRDF) reported that all resolutions at its June 29, 2026 Annual General and Special Meeting were passed on a poll.
About 37.6% of the 485,619,091 eligible shares were voted. Shareholders approved all director elections, auditor appointments in the UK and Canada, share allotment authority, disapplication of pre-emption rights, and authority for market purchases of ordinary shares.
Meridian Mining (OTCQX:MRRDF) reported discovery of a second layer of Au-Ag and Zn-Pb VMS mineralisation at the Santa Helena project in Brazil.
Key hole CD-869 cut 7.2m grading 1.4 g/t Au, 24.3 g/t Ag, 2.3% Zn and 0.9% Pb from 177.6m, including visible gold.
The new layer lies below and east of the Santa Helena Central resource and is interpreted as a down-dip extension of the Santa Helena North IP anomaly. Mineralisation remains open, with follow-up drilling testing both open-pit and underground potential. Additional near-mine holes (CD-866, CD-861, CD-862) returned multi-metre Cu-Au-Ag-Zn intercepts, and permitting is in place for first-pass drilling at the Espigão Cu-Au targets.