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K92 Mining Inc - KNTNF STOCK NEWS

Welcome to our dedicated news page for K92 Mining (Ticker: KNTNF), a resource for investors and traders seeking the latest updates and insights on K92 Mining.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect K92 Mining's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of K92 Mining's position in the market.

Rhea-AI Summary
K92 Mining Inc. announces the release of its 2024 first quarter financial results and details of the conference call and webcast to present the results.
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Rhea-AI Summary
K92 Mining Inc. announces strong Q1 production results, exceeding budget with 27,462 oz AuEq, despite temporary suspension of underground operations. Multiple processing throughput records set, with quarterly ore processed of 130,632 tonnes, an 11% increase from Q1 2023. Head grade of 7.2 g/t AuEq. Quarterly sales of 27,996 oz gold, 1,582,668 lbs copper, and 38,812 oz silver. CEO John Lewins praises team's performance and highlights the potential for increased plant capacity beyond Stage 2A Expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.2%
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Rhea-AI Summary
K92 Mining Inc. prepares to resume underground operations in Papua New Guinea following a positive safety audit, emphasizing safety as a top priority. The temporary suspension will impact Q1 and Q2 production moderately.
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End-of-Day
0.38%
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Rhea-AI Summary
K92 Mining Inc. announces strong financial results for Q4 2023 and full year 2023, with record production, revenue, and net income. The company exceeded production guidance, achieved low cash costs, and increased resource estimates. Exploration results at the Arakompa project show promising high-grade mineralization, highlighting growth potential.
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Rhea-AI Sentiment
End-of-Day
6.62%
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Rhea-AI Summary
K92 Mining Inc. announces the temporary suspension of underground operations at the Kainantu Gold Mine due to a non-industrial incident resulting in a deceased employee. Processing operations have resumed after a three-day halt. Preliminary findings suggest a non-industrial suspicious incident. The company is cooperating with authorities for investigations and has filed an appeal regarding the suspension. Updates will be provided as the situation progresses.
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Rhea-AI Sentiment
End-of-Day
-5.91%
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Rhea-AI Summary
K92 Mining Inc. will release its 2023 fourth quarter financial results on April 1, 2024, followed by a conference call and webcast on April 2, 2024, to present the results.
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Rhea-AI Sentiment
End-of-Day
-4.75%
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Rhea-AI Summary
K92 Mining Inc. anticipates a strong production year in 2024, with expected gold equivalent ounces between 120,000 to 140,000. Cash costs and AISC for 2024 are forecasted to be between $820-$880 and $1,440-$1,540 per ounce gold, respectively. The company plans a significant reduction in costs for 2025 and beyond. Large exploration programs and growth capital investments are also in the pipeline for 2024 and 2025.
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Rhea-AI Sentiment
End-of-Day
-4.75%
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Rhea-AI Summary
K92 Mining Inc. announces significant mineralization at Arakompa project near Kainantu Gold Mine in Papua New Guinea. Maiden drill program records high-grade lodes with potential for bulk mining. Historical drilling shows promising results. CEO and EVP express optimism for project expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.71%
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Rhea-AI Summary
K92 Mining Inc. (KNT) Achieves Record Quarterly Production of 39,101 Ounces Gold Equivalent, Exceeding Production Guidance. Strong Metallurgical Recoveries and Significant Mine Development Advance. Quarterly Sales of 31,931 oz Gold, 2,995,585 lbs Copper, and 61,712 oz Silver. Annual Sales of 96,013 oz Gold, 7,446,581 lbs Copper, and 157,613 oz Silver.
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Rhea-AI Sentiment
End-of-Day
8.74%
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K92 Mining Inc. (KNT) announces the promotions of David Medilek to President & Chief Operating Officer and Chris Kinver to Vice President Projects & Engineering, part of an organizational restructure to enhance operational and technical capacity. The company also announces the departure of Chief Operating Officer Warren Uyen. The promotions reflect the company's progression to become a Tier 1 mid-tier producer with the commissioning of the Stage 3 Expansion scheduled to commence by the end of Q1 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.74%
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K92 Mining Inc

OTC:KNTNF

KNTNF Rankings

KNTNF Stock Data

1.24B
231.15M
3.7%
61.04%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver