K92 Mining Inc. is pleased to announce the voting results of its 2024 annual general and special meeting of shareholders that was held today as a virtual and in-person event. All of the resolutions proposed at the meeting were duly passed. A total of 141,520,311 common shares, representing 59.80% of the Company's issued and outstanding common shares as at the record date were voted. All of the Company's seven director [...]
K92 Mining Inc. is pleased to announce that K92 and its Papua New Guinea subsidiary, K92 Mining Limited , have entered into two separate credit facilities with Trafigura Pte Ltd . The Credit Facilities replace the previous loan agreement with Trafigura announced in September 2023 and upsize, on an aggregate basis, the 2023 Loan Facility amount from US$100 million to US$120 million, with an accordion feature to increase [...]
K92 Mining Inc. is pleased to announce that it has published its 2023 Sustainability Report. This is K92's fifth annual sustainability report, outlining the Company's environmental, social and governance practices and performance. The report was prepared in accordance with the Sustainability Accounting Standards Board Metals and Mining Standard for the fifth consecutive year and includes continued progression of providing [...]
K92 Mining Inc. is pleased to announce its second set of drilling results consisting of 9 holes for total results of 11 holes released to date from its maiden surface diamond drill program at Arakompa, located approximately 4.5 km from the Kainantu Gold Mine Process Plant. K92's maiden drill program at Arakompa represents the first drilling on the target in 32 years, with limited historic drilling completed, comprising 18 [...]
K92 Mining Inc. is pleased to announce financial results for the three months ended March 31, 2024. Production Quarterly production of 27,462 ounces gold equivalent or 24,389 oz gold, 1,443,300 lbs copper and 35,650 oz silver , representing a 39% increase from Q1 2023. Cash costs of US$934/oz gold and all-in sustaining costs of US$1,366/oz gold . Ore processed of 130,632 tonnes or 1,436 tpd , an 11% increase from Q1 2023 [...]
K92 Mining Inc. announces that it will release its 2024 first quarter financial results before the North American trading markets open on Monday, May 13, 2024. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2024 first quarter financial results at 8:30 am on Monday, May 13, 2024. Listeners may access the conference call by dialing toll-free to 1-844-763-8274 within [...]
Quarterly production of 27,462 ounces gold equivalent or 24,389 oz gold, 1,443,300 lbs copper and 35,650 oz silver, and quarterly sales of 27,996 oz gold, 1,582,668 lbs copper and 38,812 oz silver. Production for the quarter exceeded budget, even with the temporary suspension of underground operations on March 10, 2024 , and prior to the temporary suspension was on track to be one of our strongest to date. Underground [...]
K92 Mining Inc. announces that it has commenced preparations to resume underground operations within two days, following the receipt of a letter from the Mineral Resources Authority of Papua New Guinea vacating the Form 29 that was issued on March 13, 2024 . The receipt of the letter vacating Form 29, follows a presentation by an Independent Safety Auditor to the MRA. Findings from the audit indicated that the Underground [...]
K92 Mining is pleased to announce financial results for the three and twelve months ended December 31, 2023. Production Fourth Quarter 2023 Record quarterly production of 39,101 ounces gold equivalent, or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver. Cash costs of US$430/oz gold, second lowest to date, and all-in sustaining costs of US$1,062/oz gold. Record quarterly ore processed of 151,908 tonnes or 1,651 [...]
K92 Mining Inc. announces that underground operations at the Kainantu Gold Mine have been temporarily suspended after a non-industrial incident occurred on the Company's mining lease on March 10, 2024, resulting in a deceased employee. Processing operations were temporarily suspended for three days and have resumed processing stockpiles. Preliminary findings from K92 and the Royal Papua New Guinea Constabulary have [...]
K92 Mining Inc. announces that it will release its 2023 fourth quarter financial results after the North American trading markets close on Monday, April 1, 2024. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2023 fourth quarter financial results at 8:30 am on Tuesday, April 2, 2024. Listeners may access the conference call by dialing toll-free to 1-800-319-4610 [...]
