K92 Mining Inc. is providing an operational update for its Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea. During the month of February, the process plant has experienced two notable unplanned maintenance events that cumulatively will have an impact on February and First Quarter production. In early February one of the mill [...]
K92 Mining Inc. is pleased to announce the promotion of Chris Muller to the position Executive Vice President Exploration. Chris Muller is a geologist with over 20 years of experience in open pit and underground mine, near mine, brownfields and greenfields exploration, in Papua New Guinea, Mongolia, China, Ghana, Indonesia and Thailand. He served [...]
K92 Mining Inc. announces that it will release its 2022 fourth quarter and annual financial results before the North American trading markets open on Thursday, March 30, 2023. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2022 fourth quarter and annual financial results at 8:30 am on [...]
Production in 2023 is expected to be 120,000 to 140,000 ounces gold equivalent , a range that incorporates a contingency for supply chain related delays. High margin production forecasted in 2023, with cash costs between $620-$680 per ounce gold and all-in sustaining costs of $1,180-$1,300 per ounce gold. The increase from 2022 is driven [...]
Strong quarterly production, the second highest on record, of 35,538 oz of gold equivalent or 31,204 oz gold, 1,827,085 lbs copper and 40,517 oz silver and quarterly sales of 35,212 oz gold, 1,923,116 lbs copper and 44,828 oz silver. Record annual production, increasing 18% year over year, of 122,806 oz AuEq or 107,546 oz gold, 6,247,950 lbs copper [...]
K92 Mining Inc. is pleased to announce the promotions of David Medilek to the position of President and Warren Uyen to the position of Chief Operating Officer. Mr. Medilek is a mining professional with over 15 years of mining capital markets, corporate strategy and technical operating experience. He has served as the Company's Vice President [...]
Mining Lease 150 has been granted an extension for an additional 10 years, to June 2034, by the Government of Papua New Guinea. The renewal is well in advance of the original expiry date of June 2024, highlighting the significant support of various levels of Government and stakeholders for the Kainantu Gold Mine. Concurrent with the Mining Lease [...]
K92 Mining Inc. is pleased to announce third quarter financial results for the three and nine months ended September 30, 2022. Safety Strong focus on safety with one of the best safety records in the Australasia region since commencement of operations. Proactive and focused management of COVID-19. K92 has continuously operated throughout the [...]
K92 Mining Inc. announces that it has filed a technical report containing an Integrated Development Plan for its Kainantu Gold Mine Project in Papua New Guinea. The Technical Report, titled, "Independent Technical Report, Kainantu Gold Mine Integrated Development Plan, Kainantu Project, Papua New Guinea" dated October 26, 2022, with an effective [...]
K92 Mining is pleased to announce results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to maiden results from the Kora Northern Deeps target at the Kainantu gold mine in Papua New Guinea. The results for the latest 93 diamond drill holes completed from surface and [...]
Strong quarterly production, the second highest on record, of 32,995 oz of gold equivalent or 29,256 oz gold, 1,666,076 lbs copper and 32,161 oz silver and quarterly sales of 25,297 oz gold, 1,551,981 lbs copper and 28,396 oz silver. Record quarterly plant throughput of 117,938 tonnes processed or 1,282 tpd , significantly exceeding Stage 2 [...]