Nexa Resources Sells Otavi Project EPLs to Midnab Resources

Reuters
2025.12.22 21:23
portai
I'm PortAI, I can summarize articles.

Nexa Resources SA has sold ten Exclusive Prospecting Licenses from its Otavi and Namibia North projects to Midnab Resources, a subsidiary of Midas Minerals Ltd, as part of its portfolio optimization strategy. The Japan Organization for Metals and Energy Security retains rights to 49% of the sale proceeds. This transaction was disclosed via EDGAR by Nexa Resources on December 22, 2025.