K92 Mining Stock Price, News & Analysis

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.

K92 Mining (KNTNF) reported strong Q1 2025 production results, achieving 47,817 ounces gold equivalent (AuEq), marking a 74% increase from Q1 2024. The company processed 103,449 tonnes of ore with impressive head grades of 14.9 g/t AuEq and achieved strong metallurgical recoveries of 95.8% for gold and 95.1% for copper.

The quarter saw total material movement of 315,182 tonnes and set a new monthly development advance record of 954 metres in March. The mine benefited from recently commissioned infrastructure upgrades, including an interim ventilation system that exceeded expectations with a 50% increase in mine airflow.

The Stage 3 Expansion is progressing well with 75% of capital spent or committed, and commissioning of the new 1.2 million tonnes per annum process plant is set to begin in Q2 2025. The company maintained strong financial performance, growing its net cash balance despite investing in expansion and making a US$12 million PNG Corporate Tax payment.

K92 Mining (TSX: KNT; OTCQX: KNTNF) has scheduled the release of its 2025 first quarter financial results before North American markets open on Monday, May 12, 2025. The company will host a conference call and webcast to discuss the results at 8:30 am (EDT) on the same day.

Investors can join the conference call 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.