LONDON, July 4, 2018 /CNW/ - Meridian Mining S.E. is pleased to report on the results of the Annual General and Special General Meeting of shareholders held on June 29, 2018. The Company is also pleased to announce the appointment of Jonathon Richards to the position of Interim Chief Financial Officer and the resignation of Mr. Carlos Braga from the CFO role. The Company is pleased to have back Mr. Richards as he has a [...]
LONDON, June 13, 2018 /CNW/ - Meridian Mining SE today announced that Mr. Anthony Julien has resigned as President and CEO of the Company. Mr. Julien has also resigned as a director of Meridian. The Company thanked Mr. Julien for his years of service with Meridian. The Company is also pleased to announce the appointment of Mr. Gilbert Clark as interim President and CEO of Meridian. Mr. Clark is a geologist and has [...]
LONDON, May 28, 2018 /CNW/ - Meridian Mining SE today announces certain corporate changes. The Company has been in recent discussions with Sentient Equity Partners, acting on behalf of Sentient Executive GP IV Limited , about potential financial support. The Company is pleased to report that Sentient has indicated that it is prepared to make available interim financing of up to US$2 million for working capital [...]
LONDON, April 12, 2018 /CNW/ - Meridian Mining SE today reported on developments in its manganese and tin licences, in the state of Rondônia, NW Brazil. The landbank for the Espigão do Oeste Manganese Project has been enhanced following the recent DNPM approval of final reports and the grant of new exploration tenure. Final reports have been presented and approvals published for licences 886303/2009 and [...]
LONDON, April 9, 2018 /CNW/ - Meridian Mining SE today announced Q1 2018 production and sales results for Meridian's high-grade manganese project located in the state of Rondônia, in North-Western Brazil. Between January 1 and March 31st 2018, Meridian: Produced 11,333 metric tonnes Sold 21,576 metric tonnes Completed the trommel upgrade at the Rio Madeira Plant "Despite intense rainfall events affecting the [...]
LONDON, March 29, 2018 /CNW/ - Meridian Mining SE today announced it has extended each of the existing loan facilities aggregating US$12 million from Sentient Global Resources Fund IV LP and The Sentient Group Limited to September 30, 2018. "The extension of the loan facilities gives the Company the working capital to continue the development of the manganese business with our free cash flow," said Anthony Julien [...]
LONDON, Feb. 5, 2018 /CNW/ - Meridian Mining SE today announced Jonathan Richards, Meridian's Chief Financial Officer, has resigned to pursue other opportunities. Mr. Richards will remain an advisor to the Board. "On behalf of the Board, I thank Jonathan for his contributions to Meridian throughout his four years, including his key role managing the restructuring of the group and the share exchange with Cancana ", said [...]
LONDON, Jan. 16, 2018 /CNW/ - Meridian Mining SE today announced 2017 production and sales results for Meridian's high-grade manganese project located in the state of Rondônia, in northwestern Brazil. Produced 51,580 tonnes of manganese product for year ending December 31, 2017 Sold 48,943 tonnes of manganese product for year ending December, 31, 2017 Completed the upgrade and commissioning of the Jaburi Plant "In [...]
LONDON, Dec. 27, 2017 /CNW/ - Meridian Mining SE today announced it has extended the US$1-million short-term loan facility from the Sentient Group Ltd. to April 30, 2018. In addition, the Company's wholly owned subsidiary, Cancana Resources Corp. , has arranged a new loan facility of US$1.5 million, which will be used to settle the convertible debenture in the same amount, which was payable to Sentient Global Resources [...]
LONDON, Dec. 21, 2017 /CNW/ - Meridian Mining SE today announced it has begun production at its upgraded Jaburi plant. Reached a total production of 50,000 tonnes of manganese product on December 20, 2017 Initial run through of Dry Material completed Continuous production runs started Current availability is 70% expected to reach 90% plus by the end of the year The plant is now operating with reduced quantities of [...]
LONDON, Dec. 11, 2017 /CNW/ - Meridian Mining SE today announced it has increased the loan facility from Sentient Global Resources Funds IV LP by US$1,000,000. The proceeds from the loan will be used to for the Jaburi plant expansion and working capital on Meridian's Manganese Project in Espigão do Oeste, Rondônia. "The increase in the loan facility gives the Company the working capital to increase our [...]
LONDON, Dec. 7, 2017 /CNW/ - Meridian Mining SE today released findings of its maiden Resource and Preliminary economic assessment for the Bom Futuro tailings project, in the state of Rondônia, in NW Brazil. PROJECT BACKGROUND The Bom Futuro tin mine has produced 195,000 tonnes of tin over a thirty-year history of continuous operation since its discovery in 1987. Meridian entered a joint venture with the project [...]
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