Meridian Mining
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Meridian Mining: Overview
Overview
Meridian Mining (LON/ TSX: MNO) is focused on developing the Cabaçal gold/ copper project in Brazil, a former producing mine that management believes can be redeveloped into a long-life, low-cost operation with exposure to both copper and gold. Recent financing and a London listing have strengthened the balance sheet and broadened access to capital. For investors, the attraction is clear: if Cabaçal can be built broadly on schedule and budget, Meridian could graduate from junior developer to mid-tier producer. A Definitive Feasibility Study published in September 2026 outlined a Base Case Total Life of Mine (LOM) Revenue $5.4 billion and LOM After-Tax Free Cash flow of $2.9 billion. Cabaçal has a low All-in-Sustaining-Cost of $715 per ounce gold equivalent and an annual production profile of 183,526 oz of gold equivalent life of mine.
Leadership
Bruce McLeod – Executive Chairman
Bruce has 30 years of experience in all areas of the mining industry. Most recently, he was the President and CEO of Sabina Gold & Silver Corp. until Sabina was acquired by B2Gold Corp. in April 2023 for C$1.2B. Mr. McLeod also served as a director of Kaminak Gold Corp., which was acquired by Goldcorp Inc. for USD$520 million in 2016.
Gilbert Clark– Chief Executive Officer
Gilbert brings 20+ years of experience within the natural resources industry around the world. Gilbert was formerly a Partner with Sentient Equity Partners, a private equity fund investing in global natural resource projects, where his portfolio covered base and precious metals companies
Independent Directors: Susanne H. Sesselmann, Douglas Ford, Neil Gregson, Carlos Vihena, Felipe Holzhacker Alves
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