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Meridian Mining's Cabaçal project valued at $2.09bn with strong returns and under one-year payback.

Market News
22 Sep 2026
Proactive Investors
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Bullish
Meridian Mining's Cabaçal project valued at $2.09bn with strong returns and under one-year payback.

Meridian Mining's Cabaçal gold-copper-silver project in Brazil shows a post-tax net present value of $2.09 billion with a 108% internal rate of return and a payback period of less than one year, according to its definitive feasibility study. The project forecasts $5.36 billion in life-of-mine revenue and $2.87 billion in after-tax free cash flow, with initial capital expenditure of $322 million and $56 million for expansion. Annual production is expected to average 183,526 gold-equivalent ounces at a cost of $715 per ounce, generating $413.8 million in after-tax free cash flow. Meridian is advancing preconstruction activities, engaging lenders, and awaiting key permits, positioning Cabaçal as a potential near-term major gold-copper mine.

Meridian Mining's Cabaçal gold-copper-silver project is valued at $2.09 billion post-tax net present value, highlighting its significant economic potential. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Sep 22, 2026 14:11 WIB: Among 34 priced US stocks, 16 rose and 16 fell. Notable movers include Kinross Gold Corporation (KGC) at USD 27.60 with 100% buy order activity, Barrick Gold Corp (B) at USD 42.40 also with 100% buy order activity, and Agnico Eagle Mines Ltd (AEM) at USD 196.20 with 61% sell order activity and 39% buy.

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