Meridian Mining appoints AFRY to manage Cabaçal mine construction

• Meridian Mining appointed AFRY as EPCM contractor for Brazil's Cabaçal copper-gold-silver project as it advances toward a final investment decision.
• Several indicative financing proposals total USD 400 million each, covering project debt, cost overruns and required equity contributions.
• Pre-construction contract commitments total USD 30.9 million, including engineering, processing equipment and off-site infrastructure.
• The feasibility study estimates a USD 2.1 billion net present value at a 5% discount rate, with a 108% internal rate of return.
• A 138 kV power line has secured its installation license; contractor selection is underway.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meridian Mining plc published the original content used to generate this news brief via Newsfile (Ref. ID: 202611090200NEWSFILECNPR____20261109_323020_1) on November 09, 2026, and is solely responsible for the information contained therein.