K92 Mining Announces the Passing of Board Member, Graham Wheelock
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 Inc. (KNTNF) ha annunciato la scomparsa del membro del consiglio Graham Wheelock, che faceva parte del Consiglio di Amministrazione dell'azienda dal febbraio 2016. Wheelock ha avuto una lunga carriera di 40 anni nel settore minerario, in particolare co-fondando nel 2005 Gem Diamonds Limited e contribuendo alla gestione della sua IPO nel 2007, con una capitalizzazione di mercato di 600 milioni di sterline. La sua esperienza comprendeva ruoli presso Anglo American plc e De Beers, dove ha ricoperto la carica di Direttore Generale ad interim per le miniere De Beers Namaqualand, supervisionando 2.300 dipendenti e una produzione annua di 4,5 milioni di tonnellate. L'azienda continuerà a essere supportata dai suoi direttori sotto la guida della Presidente Anne Giardini, KC.
K92 Mining Inc. (KNTNF) ha anunciado el fallecimiento del miembro de la junta Graham Wheelock, quien formaba parte del Consejo de Administración de la empresa desde febrero de 2016. Wheelock tuvo una extensa carrera de 40 años en minería, destacando por ser cofundador en 2005 de Gem Diamonds Limited y por ayudar a gestionar su oferta pública inicial en 2007, con una capitalización de mercado de 600 millones de libras esterlinas. Su experiencia incluyó cargos en Anglo American plc y De Beers, donde fue Gerente General interino de las minas De Beers Namaqualand, supervisando a 2.300 empleados y una producción anual de 4.5 millones de toneladas. La compañía continuará siendo apoyada por sus directores bajo el liderazgo de la presidenta Anne Giardini, KC.
K92 Mining Inc. (KNTNF)는 2016년 2월부터 회사 이사회에서 활동해 온 이사회 멤버 그레이엄 휠록의 별세를 발표했습니다. 휠록은 40년에 걸친 광산업 경력을 가지고 있으며, 특히 2005년에 Gem Diamonds Limited를 공동 설립하고 2007년 6억 파운드 시가총액의 IPO를 관리하는 데 기여했습니다. 그의 경력에는 Anglo American plc와 De Beers에서의 역할도 포함되며, De Beers Namaqualand 광산의 임시 총괄 매니저로서 2,300명의 직원과 연간 450만 톤의 생산을 감독했습니다. 회사는 Anne Giardini, KC 의장 아래 이사진의 지원을 계속 받을 것입니다.
K92 Mining Inc. (KNTNF) a annoncé le décès du membre du conseil d'administration Graham Wheelock, qui siégeait au conseil depuis février 2016. Wheelock a eu une carrière de 40 ans dans le secteur minier, notamment en cofondant Gem Diamonds Limited en 2005 et en aidant à gérer son introduction en bourse en 2007, avec une capitalisation boursière de 600 millions de livres sterling. Son expérience comprenait des postes chez Anglo American plc et De Beers, où il a été directeur général par intérim des mines De Beers Namaqualand, supervisant 2 300 employés et une production annuelle de 4,5 millions de tonnes. L'entreprise continuera d'être soutenue par ses administrateurs sous la direction de la présidente Anne Giardini, KC.
K92 Mining Inc. (KNTNF) hat den Tod des Vorstandsmitglieds Graham Wheelock bekannt gegeben, der seit Februar 2016 im Vorstand des Unternehmens tätig war. Wheelock hatte eine umfangreiche 40-jährige Karriere im Bergbau, insbesondere als Mitbegründer von Gem Diamonds Limited im Jahr 2005 und bei der Leitung ihres Börsengangs 2007 mit einer Marktkapitalisierung von 600 Millionen Pfund. Seine Erfahrung umfasste Positionen bei Anglo American plc und De Beers, wo er als amtierender General Manager der De Beers Namaqualand Mines tätig war und 2.300 Mitarbeiter sowie eine Jahresproduktion von 4,5 Millionen Tonnen leitete. Das Unternehmen wird weiterhin von seinen Direktoren unter der Führung der Vorsitzenden Anne Giardini, KC, unterstützt.
- None.
- None.
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces with tremendous sadness the passing of our fellow director and colleague, Graham Wheelock. Graham served on K92’s Board of Directors continuously from February 2016, having been appointed to the Board of K92 when the Company first began trading in 2016.
Graham’s extensive mining career as a geologist and mining professional spanned over 40 years working for international mining companies. Graham was a person of integrity and ability, and was an integral part of the success and transformation of K92. In 2005, he co-founded Gem Diamonds Limited (“Gem Diamonds”). He helped manage Gem Diamonds’ initial public offering in 2007, when the company was listed on the London Stock Exchange with a market capitalization of
John Lewins, K92 Chief Executive Officer and Director, stated, “Graham’s passing is a profound loss for all of us at K92. He brought not only a remarkable depth of technical expertise and industry knowledge, but also a genuine passion for the work we do and the stakeholders we serve.
Graham was a thoughtful and principled leader, whose strategic insight earned the respect of everyone around him. His contributions extended well beyond the boardroom, and his mentorship has had a lasting impact throughout the Company. We will miss his wisdom, his calm presence, and his sincere dedication to K92’s mission. Our thoughts and heartfelt sympathies are with his family during this difficult time.”
The Company will continue to be supported by the directors, led by Anne Giardini, KC, Chair.
About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
On Behalf of the Company,
John Lewins, Chief Executive Officer and Director
For further information, please contact David Medilek, P.Eng., CFA, President and Chief Operating Officer at +1-604-416-4445
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study, including the Stage 3 Expansion, a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine.
All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company’s operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company’s ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company’s foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company’s Annual Information Form under the heading “Risk Factors”.
Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law
FAQ
Who was Graham Wheelock at K92 Mining (KNTNF)?
What were Graham Wheelock's major career achievements before joining K92 Mining?
Who will lead K92 Mining's board following Graham Wheelock's passing?
When did Graham Wheelock join K92 Mining's board?
