Meridian Mining S.E.

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Meridian Mining S.E. - overview

Established

2013

Location

London, England, UK

Primary Industry

Mining

About

Meridian Mining S. E. is involved in the exploration and development of high-quality mineral resources, primarily focusing on the Gold-Copper sector within Brazil's mining landscape. Meridian Mining S.


E. , founded in 2013, is headquartered in London, UK, and specializes in the exploration and development of mineral resources. The company was acquired by Sentient Equity Partners in December 2013, with no disclosed financial terms. Adrian McArthur serves as CEO.


Meridian Mining UK focuses on the exploration and development of high-quality mineral resources, specifically in the Gold-Copper sector. The flagship offering is the Cabaçal project, an advanced-stage Volcanogenic Massive Sulfide (VMS) project located within the 50km Cabaçal VMS Belt in Mato Grosso, Brazil. This project aims to extract predefined mineralization of Copper, Gold, and Silver, with significant high-grade gold overprints across an 11km mine corridor. The company's products cater primarily to the mining sector, particularly companies interested in sourcing high-grade Copper and Gold deposits for further processing and production.


Meridian Mining UK generates revenue primarily through the extraction and sale of mineral resources, notably from its Cabaçal project and other assets located in Brazil. The company reported zero revenue for the year 2021, while incurring an EBITDA loss of USD 17,594,339 for the same year. Meridian Mining's future growth strategy includes advancing the Cabaçal project and potentially developing new offerings in the Gold-Copper sector. The company aims to explore expansion into broader South American markets, leveraging the strategic significance of its mineral resources.


The acquisition in December 2013 by Sentient Equity Partners may provide additional capital and support for these initiatives, although specific plans or timelines for new product launches or market entry have not been detailed.


Current Investors

Sentient Equity Partners

Primary Industry

Mining

Sub Industries

Metal Mining

Website

www.meridianmining.co

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Meridian Mining S.E. - timeline of key events

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Meridian Mining S.E. - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)10,456,72410,222,2876,262,477241,019----
% Revenue Growth (YoY)-(2.2%)(38.7%)(96.2%)(100.0%)---
EBITDA (USD)(11,187,171)(10,030,338)(14,649,091)(2,486,936)(9,366,042)---
Operating Income (USD)(12,104,736)(11,052,493)(15,564,228)(2,566,165)(9,414,067)---
Operating Margin(115.8%)(108.1%)(248.5%)(1064.7%)----
% EBITDA Margin(107.0%)(98.1%)(233.9%)(1031.8%)----
NET Income (USD)(14,588,754)(11,091,042)(17,346,659)(7,532,259)(37,582,080)---
% Net Margin(139.5%)(108.5%)(277.0%)(3125.2%)----

Meridian Mining S.E. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCancana Resources Corp.-
BuyoutCompletedMeridian Mining S.E.-

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Meridian Mining S.E. - employee data

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Meridian Mining S.E. - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman Of The Board Of DirectorsBM

BM Board Member

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