NYSE:NEXAMetals and Mining
Is Nexa Resources (NEXA) Using Namibian License Sales to Sharpen Its Capital Discipline?
Nexa Resources S.A. recently completed the sale of ten Exclusive Prospecting Licenses in Namibia, transferring all related rights to Midnab Resources as part of its Otavi and Namibia North projects.
This divestment marks a further step in Nexa’s portfolio optimization, signaling a clearer focus on capital discipline and return-generating assets.
We’ll now examine how this portfolio optimization effort, centered on exiting Namibian exploration licenses, shapes Nexa’s broader investment...