Midas Minerals completes Otavi copper project acquisition in Namibia [Yahoo! Finance]
Nexa Resources S.A. Common Shares (NEXA)
Last nexa resources s.a. common shares earnings: 10/31 06:08 pm
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Source: Yahoo! Finance
The transaction followed the achievement of key conditions, including licence transfers in August and approval from the Namibian Competition Commission in October. In May 2025, Midas announced its intent to acquire the Otavi project from base metals producer Nexa Resources. The project comprises ten exclusive prospecting licences over 1,776 square kilometres (km²) near the town of Otavi, about 360km northeast of Windhoek, Namibia's capital. Otavi hosts two key deposits, including T13 and Deblin, that are pending resource definition, along with multiple underexplored targets. To date, modern exploration has been conducted over only 36% of the licence area. Drilling activities are already underway at the Otavi project. Midas has deployed two diamond drill rigs on the high-grade T-13 copper-silver deposit for resource drilling. A second reverse circulation (RC) rig is slated to begin work in early January 2026. The company also intends to commence drilling at the Deblin
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News
- Nexa Resources (NYSE:NEXA) was given a new $7.70 price target on by analysts at Morgan Stanley. They now have an "underweight" rating on the stock.MarketBeat
- Nexa Resources (NYSE:NEXA) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Nexa Resources (NYSE:NEXA) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Nexa Resources (NYSE:NEXA) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Nexa Resources (NYSE:NEXA) had its price target raised by analysts at Scotiabank from $6.00 to $7.00. They now have a "sector perform" rating on the stock.MarketBeat
NEXA
Earnings
- 10/30/25 - Beat
NEXA
Sec Filings
- 10/30/25 - Form 6-K
- 10/30/25 - Form 6-K
- 10/30/25 - Form 6-K
- NEXA's page on the SEC website