Viridis Mining and Minerals has moved to strengthen its boardroom firepower with the appointment of seasoned global capital markets and mergers and acquisitions executive Marcus Silberman as a non-executive director, commencing next month.
The appointment comes at a pivotal time for Viridis as it transitions from project development towards execution, financing and strategic partnership discussions for its flagship Colossus rare earths project in Brazil. Silberman replaces outgoing director Faheem Ahmed, who has stepped down from the board.
Based in the United States, Silberman brings nearly 30 years of global equity financing, capital solutions, and M&A experience. His career includes senior leadership roles at Credit Suisse and Bank of America, where he served as managing director and co-head of Mergers and Acquisitions in Emerging Markets and Latin America.
Notably for Viridis, Silberman has deep experience advising mining and natural resources companies across Latin America, including extensive involvement in Brazil-focused transactions and Vale-related M&A and capital solutions. The company says this expertise is highly complementary to its asset base and strategic focus as it advances Colossus towards development.
In addition to his investment banking background, Silberman has held board and senior management roles across listed companies, private capital vehicles and special situations funds. He currently serves on the board of Cemig, one of the largest integrated power utilities in Brazil and Latin America, further strengthening Viridis’ governance and regional insight.
The appointment follows several significant milestones for Viridis. The company recently secured the project’s Environmental Preliminary Licence and completed its debt stack under a project debt framework led by an export credit agency. With those key building blocks in place, Viridis is now progressing toward a final investment decision in the second half of 2026 while advancing negotiations with strategic equity and offtake partners.
Marcus brings a rare combination of deep global capital markets expertise, senior M&A leadership and firsthand experience in Latin American mining and natural resources transactions. His appointment further strengthens the Board at a pivotal stage for Viridis, as we transition from project development into execution, financing and strategic partnership. We are pleased to welcome Marcus to the Board.
Over the past two years, Viridis has made significant progress across key project milestones, positioning the Colossus project as a globally substantial rare earths asset.
With key approvals secured, funding pathways taking shape and boardroom capability strengthened, Viridis is positioning itself for the critical execution phase as it works toward becoming a new Western supplier of strategically important rare earths.
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https://thewest.com.au/business/bulls-n-bears/wall-street-deal-gun-joins-viridis-rare-earths-push-in-brazil-c-21440699
