Sibanye Gold is trading 7.86% up now at $11.37 after South Africa’s minerals minister granted Section 11 consent to transfer the Southern Free State mining right.
- The approval advances Neo Energy’s proposed acquisition of the New Beisa uranium-and-gold project; two regulatory steps remain.
- First gold production remains targeted for December 2027, followed by uranium output.
- Broader materials-sector strength also supported the gain; trading volume and activity details were unavailable.