Sibanye Gold is trading 6.25% up now at $11.22 after South Africa’s minister granted its subsidiary consent to transfer the Southern Free State mining right, providing a clear company-specific catalyst for the pre-market gain.
- The approval is the first of three regulatory steps for the New Beisa uranium-and-gold project.
- Section 102 approvals remain in process; first gold production is targeted for December 2027.