K92 Mining Inc. announces that underground mining operations resumed on July 6, 2023, pursuant to a safety-focused restart plan, at the Kainantu Gold Mine in Papua New Guinea following a tragic underground vehicular incident . During this time there has only been limited impact on surface activities and surface stockpiles have been treated through the process plant. K92's production and cost guidance for 2023 remains [...]
K92 Mining Inc. is pleased to announce the voting results of its 2023 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 161,634,701 common shares, representing 68.99% 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. deeply regrets to report that two individuals have been fatally injured following an incident involving a vehicle on the underground main incline on June 28. Mining operations have been suspended while an investigation is being completed. Other activities, including processing stockpiles, have not been impacted. K92 Mining's Emergency Services responded to the incident, the appropriate authorities have [...]
K92 Mining Inc. is pleased to announce that the Company has set its inaugural energy and greenhouse gas emissions reduction target as part of its ongoing overall sustainability commitments. After completing detailed energy and GHG forecasts for its Stage 3 and Stage 4 Expansions, and identifying opportunities for energy reductions, the Company has set a target to reduce Scope 1 and Scope 2 emissions by 25% on a [...]
K92 Mining Inc. is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co. have each recommended K92 shareholders vote "FOR" all the proposed resolutions at the upcoming Annual General and Special Meeting of Shareholders . ISS and Glass Lewis are two leading independent, third-party proxy advisory firms who, among other services, provide proxy-voting [...]
K92 Mining Inc. deeply regrets to report that two individuals have been fatally injured following a vehicular accident on May 2. The accident occurred offsite from the mining lease area, on a country road. Mining operations were not impacted. K92 Mining's Emergency Services responded to the incident, the appropriate authorities have been notified and an investigation is underway. K92 is also working with its employees [...]
Quarterly ore processed of 117,903 tonnes or 1,310 tpd , our third highest on record, even after encountering 8 days of unplanned process plant downtime as previously reported. Record monthly mill average daily throughput achieved in March of 1,490 tpd, 9% above the Stage 2A Expansion run-rate of 1,370 tpd, plus multiple new daily records set during the quarter, with the highest mill tonnes processed to date being 1,815 [...]
K92 Mining Inc. announces with profound sadness the death of our Chairman, fellow director and friend, R. Stuart "Tookie" Angus. A deeply respected business advisor to the mining industry, an admired leader and a mentor to many, he had been Chairman of the Company since its inception and its acquisition of the Kainantu Project in 2014. Considered a giant of the mining industry, for over 40 years, Tookie brought a [...]
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 trunnion bearings failed, requiring immediate replacement and resulting in two [...]
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 as the Company's Vice President Exploration for over 5 years and has been [...]