# Meridian Announces FTSE Index Inclusion and Moves from SETSqx to SETS Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/meridian-announces-ftse-index-inclusion-and-moves-from-setsqx-to-sets--2179fdf0-37f1-436e-83c2-5513011aa6dd Original source: https://money.tmx.com/en/quote/MNO/news/7879717582623900/meridian-announces-ftse-index-inclusion-and-moves-from-setsqx-to-sets Publisher: tmx Original announcement: 2026-06-04T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Meridian Mining plc - Ticker: MNO - Exchange: TSX - Region: Brazil - Primary commodity: Gold - Secondary commodities: Copper, Silver, Zinc, Lead - Document categories: Resource update, Other - Extracted: 2026-09-16 10:38:04 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Meridian Mining plc is transitioning its share trading from SETSqx to SETS on the London Stock Exchange following its inclusion in the FTSE Index series. The company also highlighted the advanced stage of its Cabaçal gold-copper project, which recently completed a Pre-feasibility Study. Reasoning: The announcement of FTSE index inclusion and trading platform upgrade is a positive corporate milestone for liquidity and institutional visibility. - Positive factor: FTSE Index inclusion - Positive factor: Transition to SETS for improved liquidity - Positive factor: Advanced stage Cabaçal project with positive PFS economics Facts used in scoring: 3 ## Classification and evidence **Resource Update** Polarity: neutral Story-specific tag Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document restates reserve figures from a March 2025 PFS report. Evidence · text > The Pre-feasibility Study technical report... dated March 31, 2025... outlines... Cabaçal Mineral Reserve estimate consists of Proven and Probable reserves of 41.7 million tonnes ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/meridian-announces-ftse-index-inclusion-and-moves-from-setsqx-to-sets--2179fdf0-37f1-436e-83c2-5513011aa6dd#fact-resource-facts-0) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Region: brazil - Reported Region: Brazil - Ticker: MNO #### Resource scope - Estimate type: reserve - Resource group id: resource:a610ba54e2bd1a361f73 - Deposit or zone: Cabaçal - Resource basis: gross #### Resource Data - Category: probable - Tonnes: 41700000 - Grade: 0.63 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-31T00:00:00.000Z #### Dates - Event date: 2026-06-04T00:00:00.000Z Reasoning: Restatement of existing reserve data from the PFS Technical Report. - Positive factor: Significant reserve tonnage Evidence · text > Cabaçal Mineral Reserve estimate consists of Proven and Probable reserves of 41.7 million tonnes at 0.63g/t gold, 0.44% copper and 1.64g/t silver #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/meridian-announces-ftse-index-inclusion-and-moves-from-setsqx-to-sets--2179fdf0-37f1-436e-83c2-5513011aa6dd#fact-resource-facts-1) copper Historical result Needs review: historical\_restatement #### Identity - Commodity: copper - Region: brazil - Reported Region: Brazil - Ticker: MNO #### Resource scope - Estimate type: reserve - Resource group id: resource:a610ba54e2bd1a361f73 - Deposit or zone: Cabaçal - Resource basis: gross #### Resource Data - Category: probable - Tonnes: 41700000 - Grade: 0.44 - Grade Unit: % #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-31T00:00:00.000Z #### Dates - Event date: 2026-06-04T00:00:00.000Z Reasoning: Restatement of existing reserve data from the PFS Technical Report. - Positive factor: Significant reserve tonnage Evidence · text > Cabaçal Mineral Reserve estimate consists of Proven and Probable reserves of 41.7 million tonnes at 0.63g/t gold, 0.44% copper and 1.64g/t silver #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/meridian-announces-ftse-index-inclusion-and-moves-from-setsqx-to-sets--2179fdf0-37f1-436e-83c2-5513011aa6dd#fact-resource-facts-2) silver Historical result Needs review: historical\_restatement #### Identity - Commodity: silver - Region: brazil - Reported Region: Brazil - Ticker: MNO #### Resource scope - Estimate type: reserve - Resource group id: resource:a610ba54e2bd1a361f73 - Deposit or zone: Cabaçal - Resource basis: gross #### Resource Data - Category: probable - Tonnes: 41700000 - Grade: 1.64 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-31T00:00:00.000Z #### Dates - Event date: 2026-06-04T00:00:00.000Z Reasoning: Restatement of existing reserve data from the PFS Technical Report. - Positive factor: Significant reserve tonnage Evidence · text > Cabaçal Mineral Reserve estimate consists of Proven and Probable reserves of 41.7 million tonnes at 0.63g/t gold, 0.44% copper and 1.64g/t silver #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.