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MERIDIAN MNG UK SOCIETAS - MRRDF STOCK NEWS

Welcome to our dedicated page for MERIDIAN MNG UK SOCIETAS news (Ticker: MRRDF), a resource for investors and traders seeking the latest updates and insights on MERIDIAN MNG UK SOCIETAS stock.

Meridian Mining UK S is a copper-gold-silver mining company focusing on its advanced Cabaçal project in Brazil. The company recently discovered the Jauru copper & gold exploration project, a district-scale asset with significant potential. Meridian is dedicated to developing its existing projects while exploring new prospects to expand its operations.

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Meridian Mining UK S completes fourth installment payment for acquisition of Cabaçal Copper-Gold Project in Brazil. The Company issued 1,000,000 common shares to vendors instead of a cash payment of C$300,000. The drill program at Cabaçal is ongoing with three rigs operating on site.
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Meridian Mining UK has filed an independent Preliminary Economic Assessment (PEA) for its Cabaçal gold-copper deposit in Brazil. The PEA highlights an after-tax NPV5 of USD 573 million with a 58.4% IRR based on gold prices at USD 1,650/oz. Additional scenarios show a spot case NPV5 of USD 745 million at current market prices. The project could generate USD 204 million in free cash flow in the first year, achieving capital payback in 10.6 months. The report emphasizes significant potential for future optimization and resource identification through ongoing drill programs.

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FAQ

What is the current stock price of MERIDIAN MNG UK SOCIETAS (MRRDF)?

The current stock price of MERIDIAN MNG UK SOCIETAS (MRRDF) is $0.275 as of December 20, 2024.

What is the market cap of MERIDIAN MNG UK SOCIETAS (MRRDF)?

The market cap of MERIDIAN MNG UK SOCIETAS (MRRDF) is approximately 97.5M.

What are Meridian Mining's primary commodities?

Meridian Mining primarily focuses on mining copper, gold, and silver.

Where is Meridian Mining located?

Meridian Mining is located in the UK and operates its mining projects in Brazil.

What is the focus of Meridian Mining's exploration efforts?

Meridian Mining is actively exploring new prospects to expand its operations while developing existing projects like Cabaçal.

MERIDIAN MNG UK SOCIETAS

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97.53M
193.87M
17.64%
18.58%
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