NexMetals Mining Corp.
4.0400+0.11 (+2.8%)
Oct 29, 4:00:00 PM EDT · NasdaqCM · NEXM · USD
Key Stats
Market Cap
86.66MP/E (TTM)
-Basic EPS (TTM)
-3.10Dividend Yield
0%Recent Filings
8-K
Clean copper, nickel concentrates confirmed
NexMetals Mining Corp. announced final assay results from its metallurgical test program at Botswana's Selebi Mines, confirming clean, high-grade copper (27.8% Cu) and nickel-cobalt (10.6% Ni, 0.5% Co) concentrates with deleterious elements well below smelter penalty thresholds. This validates a low-capital restart pathway without an on-site smelter, de-risking the project and boosting concentrate marketability. Results pave the way for flowsheet optimization and variability testing. Yet risks persist in achieving anticipated recoveries.
8-K
NexMetals completes BC continuance
NexMetals Mining Corp. completed its continuance from Ontario to British Columbia on October 10, 2025, after shareholder approval on June 3, 2025, adopting new articles under the BCBCA while keeping CUSIP/ISIN and stock symbols unchanged. This shift streamlines governance for the company's Botswana copper, nickel, and cobalt mine redevelopment. No financial impacts disclosed. Yet, regulatory alignment sharpens focus.
8-K
Major sulphide intersection at Selebi
NexMetals Mining Corp. intersected 32.60 meters of continuous mineralization, including 19.90 meters of massive sulphide, in drill hole SNUG-25-194 at the Selebi North Underground deposit on October 1, 2025. This thickest interval yet bridges two major step-out holes 183 meters and 130 meters down-plunge, validating down-plunge continuity. It strengthens the geological model. Results will feed an updated Mineral Resource Estimate, but assays remain pending.
8-K
Strong Selkirk drill results
NexMetals Mining Corp. announced assay results from its metallurgical drilling at the Selkirk Mine in Botswana on September 18, 2025, revealing wide, consistent mineralization that underscores the deposit's scale. Hole SMET-25-003 intersected 201.30 metres of 0.91% CuEq, including 158.75 metres of 1.00% CuEq near surface, while SMET-25-002 hit 85.00 metres of 0.98% CuEq—results outside the current Mineral Resource Estimate but within the conceptual pit shell. This boosts open-pit potential with low strip ratios. Yet risks like fluctuating commodity prices loom.
8-K
Selebi Mines metallurgical breakthrough
NexMetals Mining Corp. unveiled breakthrough metallurgical results from its Selebi Mines in Botswana on September 3, 2025, enabling production of separate high-grade copper (27.6% Cu, 87.0% recovery) and nickel-cobalt (10.5% Ni, 0.59% Co, 55.9% Ni recovery) concentrates. This innovation eliminates the need for an on-site smelter or hydrometallurgical plant, slashing capital costs and execution risks while cutting energy use and environmental impact versus historical operations. Ongoing optimizations target higher recoveries. Yet risks persist in further testing outcomes.
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