Dig Deep High Stakes and High Rewards: Meridian Mining’s Brazilian Venture
In this episode, we speak with Gilbert Clark, CEO of Meridian Mining, a mineral exploration and development company focused on unlocking high-value copper, gold, silver and other metal resources in Brazil. Meridian’s flagship asset is the advanced Cabaçal Volcanogenic Massive Sulphide project in Mato Grosso.
We discuss Meridian’s recent resource milestones, how the company is positioning itself for execution and growth, the de-risking of the project, skills within the Brazilian mining industry, an update on the Brazilian mining industry and what the outlook could look like as it moves toward becoming a meaningful copper-gold producer in a critical global market.
KEY TAKEAWAYS
- Gilbert transformed Meridian Mining from a manganese-focused company into a high-value copper and gold explorer by leveraging the historical data of a decommissioned BP/Rio Tinto project.
- The Cabaçal project is uniquely positioned as a "brownfield restart," meaning it has established infrastructure and historical production data that significantly mitigate geological, metallurgical, and permitting risks.
- Mato Grosso offers a mature mining environment with affordable hydroelectric power, established logistics from the agricultural sector, and a supportive local community and government.
- The greatest risk to the industry is "generational change" and a lack of skilled engineers. Meridian addresses this through deep local university partnerships and a culture of independent decision-making
BEST MOMENTS
- "We are a fundamental building block of everyone's daily going about their business. It is mining."
- "For me, as a reasonably experienced private equity investor in natural resources, my fundamental concern is risk. If I'm going to deploy capital, do I risk it?"
- "My greatest concern long-term... is demographics. You’ve got to extract as much knowledge from the 45-to-50-year-old guys and transfer that into the 20-year-old men and women."
- "There’s a fundamental rule in mining: You go to work with ten fingers and ten toes, and you go home at night with ten fingers and ten toes."
GUEST RESOURCES
https://www.linkedin.com/company/meridian-mining/
https://www.youtube.com/channel/UCzVr6ILYF_Ax2hI6oBoCaOw
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/