Allocated gold at Bank of England drops 755 tonnes

The latest assays “upgrade our confidence in the initial mineral resource estimate," Snowline's CEO says.

The miner added that shareholders had approved what it called a "repurchase or rescue operation" of currently active bonds.

This takes the number of dealing members on Europe's last open-outcry venue back to eight.

Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later.