Midas Minerals Receives Namibian Commission Nod for Project Acquisition

MT Newswires Live

2025/10/31

Midas Minerals (ASX:MM1) received unconditional merger control clearance by the Namibian Competition Commission to acquire the Otavi Copper project in Namibia, according to a Friday filing with the Australian bourse.

The acquisition is expected to occur in November, and drilling at the project is expected to start in the fourth quarter, the filing said.

Shares of the company fell 1% at market close.

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