Bullboard - Stock Discussion Forum Meridian Mining UK Societas T.MNO

Alternate Symbol(s): MRRDF

Metals & Mining Industrial Metals & Minerals

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The... see more

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Meridian Mining UK Societas > Election

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Post by EndZonefor7 on Oct 31, 2022 11:33am

Election

Lula election win has so far no big effect on us as Gilbert predicted. Still a window til he takes over so hopefully things don't get stupid.

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Comment by EndZonefor7 on Oct 31, 2022 12:20pm

Brazilian miners, however, expect the sector to remain the same. Companies like Vale (NYSE: VALE), Anglo American (LON: AAL), and Rio Tinto (ASX: RIO) are expected to invest about $40 billion in projects in Brazil through 2026. “That’s why we don’t expect a flight of investments due to the election,” said Nery. https://www.mining.com/brazilian-president-elect-lula-vows-greener-mining/

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