StocksMedium•20 October 2026•
1 min read

NexMetals Triples Mineral Resource Estimates at Selebi North Mine

Key Facts

1NexMetals announced an updated Mineral Resource Estimate for Selebi North in Botswana, with Indicated resources rising to 8.95 million tonnes.

NexMetals announced an updated Mineral Resource Estimate for the Selebi North mine in Botswana, with Indicated resources rising to 8.95 million tonnes. Newsfile Corp reported that this update nearly tripled the Indicated resource estimates while significantly increasing Inferred resources.

The resource growth follows exploration and analysis at the company's copper-nickel-cobalt mines, combining new data with previously announced estimates from the Selebi Main deposit. NEXM closed at $1.45 on October 19, 2026, having reached a day high of $1.49 and a low of $1.38.