Meridian, MS, September 23, 2026 —

Meridian has announced an estimated initial capital expenditure of US$322 million for a project involving gold and copper in Brazil.

The company’s projection outlines the anticipated investment required to commence operations for its gold and copper endeavors located within Brazil. Specific details regarding the project’s timeline, scope, or the exact location within Brazil were not immediately available.

Further information concerning the breakdown of this capital expenditure, such as allocations for exploration, infrastructure development, or operational setup, has not been disclosed.

The estimate represents the initial financial commitment Meridian anticipates for the project. Additional phases of development or expansion may involve separate or subsequent capital allocations.

As the project moves forward, further announcements regarding its progress and financial requirements are expected from Meridian. The contractor’s name involved in the project was not provided.


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