Meridian Mining SE today announces the resignation of Mr Andre Wessels as a Director of the Company. Mr Wessels helped guide the Company through a complicated and difficult restructuring period and will leave the Company to pursue other business commitments. Mr John Sabine, Chairman, states, ""We are very grateful for Andre's positive contributions for the past six months and wish him success in meeting the challenges of [...]
Tin bearing greisen alteration discovered along flank of radiometric anomaly Meridian Mining SE today announces the discovery of tin bearing greisen altered granites within its Espigão production and exploration tenements in Rondônia Brazil . Located on the flank of a radiometric anomaly, the greisen-altered granites hosting cassiterite were mapped and assayed, returning strong Sn grades. This is the first [...]
Field trommel in final stages of field mobilisation Meridian Mining SE today announces its preparation for maintaining cost efficient production during the 2018/2019 wet season is well advanced, despite the early arrival of inclement weather. The field mobilisation and installation of the trommel to the Vitalino prospect area is on schedule with the final field commissioning and first production run forecast to commence [...]
Meridian Mining SE today announced that its recent technical reviews of its exploration and production databases have identified base metal anomalies within its Espigão do Oeste District tenements , in the state of Rondônia, Brazil. The Espigão manganese oxide mineralisation is accompanied by a diverse assemblage of accessory metals, including: Copper , Lead , Zinc and Cobalt have been recorded. The [...]
Pre-screening of ores will continue through the coming wet season Meridian Mining SE today announced that it has been granted a water-use permit by SEDAM , valid until 19th of October 2023, to be used for a rotating wet screen at the Vitalino prospect. The trommel effectively washes soil from the mined mineralisation and produces a clean gravel mix for subsequent sizing then processing "jigging". The Company has applied [...]
Entirety of outstanding loans now extended to March 2020 LONDON, Oct. 9 2018 /CNW/ - Meridian Mining SE today announced that the Company has successfully extended the last of its outstanding loans with Sentient Global Resources Fund IV . The final two loan agreements scheduled to mature on September 30 2019 for an aggregated amount of USD 3.5M have been be extended to March 31, 2020 . In a highly positive step, and in [...]
Meridian Mining SE announces that it has extended to March 31, 2020 the maturity date of its four loans with Sentient Excutive GP IV, Limited Sentient Global Resources Fund IV, L.P. and The Sentient Group in the aggregate amount of US$12 million . The Loans were set to become due and payable on September 30, 2018. The other terms and conditions of the Loans remain unchanged as a result of the Loan Amendments. Loan [...]
Califórnia, Eduardo Mendes & Calça Frouxato be brought into production LONDON, Sept. 10, 2018 /CNW/ - Meridian Mining SE today announced that it has been granted a Guia de Utilização permit No. GU nº 19/2018 by the National Department of Mineral Production , valid until 19th of May 2020, Fig 1.The GU allows for the extraction 6,000t of Mn oxide concentrate per annum fromthe exploration [...]
Meridian Mining SE today announced that that on August 17, 2018 it entered into a new loan agreement with Sentient Global Resources Funds IV LP pursuant to which the Lender made available to the Company a credit facility of USD 1,500,000 to fund the Company's manganese operations in Brazil and general working capital. The loan bears interest at a rate of 10% per annum and matures on September 30, 2019. The proceeds from [...]
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 [...]
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