Meridian Mining H1 operating loss widens 30.38% to USD 9.98 million; comprehensive loss climbs 90.55% to USD 12.71 million

Reuters2026/08/13 06:07

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Meridian Mining posted a total comprehensive loss of USD 12.71 million, widening from USD 6.67 million a year earlier.
Operating loss deepened to USD 9.98 million from USD 7.65 million, while net loss was USD 12.83 million versus USD 6.76 million.
Cash and cash equivalents climbed to USD 95.98 million from USD 41.71 million, lifting net assets to USD 102.13 million from USD 42.93 million.
Exploration and evaluation costs rose to USD 5.67 million from USD 3.81 million, driven by Cabaçal DFS work and Santa Helena licensing.
Cabaçal feasibility study neared 50% completion for a Q4 2026 filing, with long-lead orders placed; CEO Gilbert Clark said the company is funded through FID.

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: 202608130200NEWSFILECNPR____20260813_309416_1) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Meridian Mining H1 operating loss widens 30.38% to USD 9.98 million; comprehensive loss climbs 90.55% to USD 12.71 million

You may also like

Crypto prices