Sibanye keeps option to increase Lonmin offer against rival bid
Sibanye Gold reiterated that its increased offer for Lonmin is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.
The company said the underlying geology of its Yukon land package is prospective for several critical minerals, including copper, molybdenum, tungsten, antimony and bismuth.
The intercepts add to an eventful fall at the Macpass project, where one month ago drill results returned higher grades and thicknesses at the Boundary zone than estimated.