Sibanye Gold recognises AMCU as majority union

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.

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.

The Bonza Sur deposit was discovered in 2023 through drilling a geochemical soil anomaly 1 km south of the mine.