|Bid||0.1100 x 0|
|Ask||0.1200 x 0|
|Day's Range||0.1000 - 0.1150|
|52 Week Range||0.0400 - 0.2200|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Meridian Mining S.E. (CVE:MNO) shareholders will doubtless be very grateful to see the share price up 33% in the last...
Meridian reports on approval of trial mining licence for 30,000t manganese concentrate in the Jaburi area
The Lender has agreed to increase the non-arm's length loan facility by US$1,550,000 for an overall principal amount of US$6,750,000. The loan bears interest at a rate of 10% per annum and matures on March 31, 2020. As the Lender is considered to be a "related party" of Meridian, the Loan Amendment is considered to be a "related party transaction" for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101").
LONDON , Dec. 4, 2019 /CNW/ - Meridian Mining SE (TSX V: MNO) ("Meridian" or the "Company") today announces, that due to the continued depressed world manganese ore prices, production from the Company's Espigão d'Oeste Manganese operation ("Espigão Mn") in Rondônia, Brazil , will be immediately be put on temporary Care and Maintenance ("C&M"), while continuing to explore value maximizing alternatives, including discussions with the Company's major shareholder, Sentient Equity Partners, and other potentially interested parties. Manganese ore ("Mn") prices have been under pressure since April 2019 due to rising inventories in Chinese ports, depressed manganese alloy prices and general poor market sentiment. China's manganese ore port stockpiles are currently at a 12 month high of 4.69 Mt, at the start of 2019 the stockpile was 2.90 Mt - a ~62% increase.
LONDON, Sept. 9, 2019 /CNW/ - Meridian Mining SE (TSXV:MNO.V - News) ("Meridian" or the "Company") today announces that it has been granted a Guia de Utilização permit No. GU nº 02/2019 (the "GU") for its Espigão manganese project by the Agência Nacional de Mineração ("ANM"), valid until 6th of March 2021 (Figure 1). The GU allows for the extraction 6,000t of Manganese oxide ("MnOx") concentrate per annum from the exploration license that covers the Ademir Curral, Sevirino, João Sarter, Ivan Pufal, Domicio Gerque and Antônio Gomes East targets of the Espigão project. Thanks to approval of the final report and granting of the GU, trial extraction of additional MnOx mineralization can now be resumed and exploration commenced.
LONDON, July 31, 2019 /CNW/ - Meridian Mining SE (TSXV:MNO.V - News) ("Meridian" or the "Company") today is pleased to announce that it has consolidated its land position in its new Mirante da Serra project area ("the Project"), with four new exploration licence applications lodged ("the Applications"), covering the northern extensions of the basin succession hosting the Project's prospective manganese oxide mineralization (see Figure 1). The Application areas were identified as being similarly prospective as a result of the due diligence conducted on the original Mirante da Serra JV area1.
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LONDON, July 24, 2019 /CNW/ - Meridian Mining SE (TSXV:MNO.V - News) ("Meridian" or the "Company") today announces that it has signed an agreement to acquire a 100% interest in the Mirante da Serra manganese project ("the Project"), in the state of Rondônia, Brazil (Fig. 1). Following a sequential process related to project and administrative milestone achievements, Meridian at its election, will acquire the Project for a cumulative consideration of BRL 1.14 M (~USD 300,000). This acquisition follows an extensive due diligence program, including mapping, sampling and granulometry studies.
LONDON , July 15, 2019 /CNW/ - Meridian Mining S.E. (TSXV: MNO) (the " Company ") is pleased to report on the results of the Annual General Meeting (the " Meeting ") of shareholders ...
Release of base metals assays give context to larger hydrothermal origin of manganese veins LONDON , June 12, 2019 /CNW/ - Meridian Mining SE (TSXV: MNO) ("Meridian" or the "Company") ...
New processing of airborne geophysics highlights deeper intrusive-related exploration targets. LONDON, May 28, 2019 /CNW/ - Meridian Mining SE (TSXV:MNO.V - News) ("Meridian" or the "Company") today releases the results of the first integrated 3D modelling undertaken on the Company's airborne magnetic and conductivity data, covering the Espigão project in Rondônia, Brazil ("the Project"). Multiple magnetic anomaly clusters have been identified.