K92 Mining Stock Price, News & Analysis

K92 Mining (OTCQX:KNTNF) reported strong Q2 2025 financial results, with production reaching 34,816 ounces gold equivalent (AuEq), a 43% increase from Q2 2024. The company achieved record quarterly revenue of $96.3 million, up 102% year-over-year, and net income of $39.2 million.

The Stage 3 Expansion's new 1.2 million tonnes-per-annum process plant commenced commissioning in June, with completion on track for first half of Q4 2025. The company maintains a strong financial position with record cash and equivalents of $182.9 million, including a $123.8 million net cash position. With 86% of growth capital spent or committed, the expansion remains on budget.

K92 reaffirmed its 2025 production guidance of 160,000 to 185,000 oz AuEq, supported by strong H1 performance and expectations of an even stronger second half. Operating costs remained competitive with cash costs of $786/oz gold and AISC of $1,408/oz gold on a by-product basis.

K92 Mining (OTCQX:KNTNF) reported strong Q2 2025 production results from its Kainantu Gold Mine, delivering 34,816 ounces gold equivalent (AuEq), representing a 43% increase from Q2 2024. The company processed 130,337 tonnes of ore with impressive head grades of 8.9 g/t AuEq and achieved strong metallurgical recoveries of 93.3% for gold and 94.9% for copper.

A major milestone was reached with the commencement of commissioning the new 1.2 million tonnes-per-annum Stage 3 Expansion Process Plant in June. With 82,633 oz AuEq produced in H1 2025, the company reiterates its annual production guidance of 160,000 to 185,000 oz AuEq. The Stage 3 Expansion is 86% complete in terms of committed capital and remains on budget, with practical completion scheduled for Q4 2025.

K92 Mining (OTCQB: KNTNF) announced the retirement of Philip Samar from his position as Vice President of Government and Community Affairs. Samar, who joined K92 in January 2019, will transition to a senior advisor role in a consulting capacity. Prior to K92, he served as Managing Director of Papua New Guinea's Mineral Resources Authority from 2012 to 2018.

During his tenure at K92, Samar was instrumental in strengthening relationships with government and community stakeholders, supporting the development of the Kainantu Gold Mine and its ongoing Stage 3 Expansion. The company will announce his successor in the Community Affairs and External Relations function in due course.

K92 Mining (OTCQX:KNTNF) has scheduled its 2025 second quarter financial results announcement and conference call. The company will release its Q2 2025 financial results before North American markets open on Monday, August 11, 2025.

A conference call and webcast to discuss the results will be held at 8:30 am EDT on the same day. Investors can join via phone by dialing 1-833-752-3535 (North America toll-free) or +1-647-846-8278 (international). A live webcast will also be available through the company's provided link.

K92 Mining (KNTNF) held its 2025 Annual General Meeting with strong shareholder participation, as 66.83% of outstanding shares were voted. All six director nominees were successfully elected with overwhelming support, each receiving over 97% approval. Shareholders also approved key resolutions including maintaining the board size at six directors, reappointing PricewaterhouseCoopers LLP as auditor, and accepting the company's executive compensation approach. Notable was the high approval rates across all matters, with the executive compensation advisory vote receiving 95.31% support and the auditor appointment gaining 98.79% approval.

K92 Mining has released its 2024 Sustainability Report, highlighting significant ESG achievements and operational progress. The company reported 553 days without lost-time injuries and a TRIFR of 0.69. With a workforce of 1,790 in Papua New Guinea (92% local nationals), K92 demonstrated strong local engagement through $96.5M in local procurement (42% of total spend) and $62.6M in taxes and royalties. The company invested $28M in local Joint Ventures and allocated $6.6M for infrastructure projects. Notable achievements include winning the CORE Community Humanitarian Initiative award, launching the K92 CARES framework, and advancing the Kainantu Endowment for student scholarships. The company maintained strong commitment to local development through 66 tertiary scholarships and 400+ graduates from its Adult Literacy Program.

K92 Mining announced significant high-grade drilling results from its Kainantu Gold Mine in Papua New Guinea. Key findings include expansion of near-mine infrastructure dilatant zone at Kora's K2 Vein, with intersections like 12.80m at 31.89 g/t gold equivalent and 10.10m at 16.29 g/t AuEq. The company identified multiple high-grade zone extensions at K1 and K2 veins, including intersections exceeding 43 g/t AuEq. A notable high-grade copper zone was delineated to the south at K2 Vein over +300-metre vertical extent, with intersections up to 6.58% copper. The drilling program also revealed potential new high-grade zones and multiple high-grade intersections at Judd's J1 Vein, demonstrating significant resource growth potential at Kainantu.

K92 Mining (KNTNF) reported exceptional Q1 2025 financial results, achieving multiple records. The company produced 47,817 ounces of gold equivalent, marking a 74% increase from Q1 2024. Financial highlights include record quarterly revenue of $144.6 million (up 142% YoY), net income of $70.2 million (up 2,190% YoY), and a record cash position of $182.1 million. Operating metrics showed strong performance with cash costs of $559/oz gold and AISC of $1,010/oz gold. The Stage 3 Expansion to 1.2 million tonnes per annum is 75% complete, with commissioning expected in Q2 2025. Exploration at Arakompa yielded promising results, with drilling confirming two high-grade veins and a bulk zone extending over 900 meters strike length.

K92 Mining Inc. (KNTNF) has announced the passing of board member Graham Wheelock, who served on the company's Board of Directors since February 2016. Wheelock had an extensive 40-year career in mining, notably co-founding Gem Diamonds Limited in 2005 and helping manage its IPO in 2007 with a £600 million market capitalization. His experience included roles at Anglo American plc and De Beers, where he served as Acting General Manager for De Beers Namaqualand Mines, overseeing 2,300 employees and 4.5 million tons of annual production. The company will continue to be supported by its directors under the leadership of Chair Anne Giardini, KC.