Welcome to our dedicated page for K92 Mining news (Ticker: KNTNF), a resource for investors and traders seeking the latest updates and insights on K92 Mining stock.
K92 Mining Inc. (KNTNF) is a mineral exploration leader focused on gold, copper, and silver resources. This page aggregates official news releases, technical reports, and strategic updates directly from the company.
Investors and analysts will find timely updates on exploration results, financial filings, and operational milestones. Our curated collection includes drill core analyses, resource estimates, and partnership announcements – all essential for evaluating the company's progress.
Key content categories include quarterly financial results, mineral resource updates, technical exploration data, and corporate developments. Each release is presented in its original form to maintain accuracy and compliance.
Bookmark this page for streamlined access to K92 Mining's verified disclosures. Check back regularly for critical updates that impact long-term resource evaluation and market positioning.
K92 Mining has announced its Integrated Development Plan (IDP) for the Kainantu Gold Mine Project in Papua New Guinea. The IDP comprises two scenarios: the Stage 3 Expansion (DFS) and Stage 4 Expansion (PEA). The DFS indicates a peak annual production of 308,793 ounces AuEq by 2026, with an after-tax NPV5% of $586 million at $1,600/oz gold. The PEA highlights potential for increased throughput to 1.7 mtpa and a peak production of 500,192 ounces AuEq in 2027, with an after-tax NPV5% of $1.3 billion. Both cases are fully funded by mine cash flow.
K92 Mining reported that operations at the Kainantu Gold Mine in Papua New Guinea resumed normally after a 7.6 magnitude earthquake on September 11, 2022. Operations were briefly halted as safety inspections were conducted, revealing no injuries to personnel and only minor damage to equipment, leading to an 8-hour stoppage. The company emphasized the resilience of its operations and the safety protocols in place. K92 Mining has been engaged in gold, copper, and silver production since declaring commercial production in February 2018 and maintains a strong financial position.
K92 Mining Inc. (KNTNF) reported strong second-quarter financial results for the period ending June 30, 2022. The company achieved record production, processing 108,853 tonnes, with a gold equivalent output of 26,085 oz. Financial highlights include a cash position of $81.7 million and a 5% increase in revenue to $37.4 million year-over-year. The net income rose by 17% to $5.1 million. K92 continues its expansion efforts, with the Stage 2A Expansion on track and significant exploration progress, including a maiden resource estimate of 10.8 million oz AuEq at the Blue Lake project.
K92 Mining announced a significant maiden resource estimate for the Blue Lake porphyry project, located near its Kainantu Gold Mine in Papua New Guinea. The estimate includes 10.8 million ounces of gold equivalent (AuEq) at 0.61 g/t AuEq and 4.7 billion lbs of copper equivalent (CuEq) at 0.38% CuEq, based on a total of 549 million tonnes of mineralized material. The deposit shows considerable potential for expansion and is noted for its equal ratio of gold and copper. Future exploration will target higher-grade zones and additional nearby porphyry systems.
K92 Mining Inc. (KNTNF) will release its 2022 second quarter financial results on August 15, 2022, before North American markets open. A conference call and webcast will follow at 8:30 am EDT to discuss these results. K92 operates the Kainantu Gold Mine in Papua New Guinea and is expanding operations based on an updated Preliminary Economic Assessment. The company emphasizes its strong financial position and operational expertise in the mining sector.
K92 Mining reported strong production results for Q2 2022 at the Kainantu Gold Mine, achieving record throughput of 108,853 tonnes and 114,471 tonnes of mill feed, marking increases of 44% and 59% year-over-year, respectively. The quarter yielded 26,085 oz of gold equivalent, positioning the company to meet its annual guidance of 115,000 to 140,000 oz AuEq. Robust metallurgical recoveries were also noted, reaching 91% for gold and 90.9% for copper. Development activities exceeded budget by 38%, enhancing long-term operational capability.
K92 Mining Inc. announced the results of its 2022 Annual General Meeting (AGM), held virtually on June 30, 2022. A total of 148,725,971 shares were voted, representing 65.57% of the company's outstanding shares. All nine director nominees were elected, with R. Stuart (Tookie) Angus receiving 97.48% votes in favor. Shareholders also approved setting the number of directors at nine and reappointing PricewaterhouseCoopers LLP as auditors. K92 continues its operations at the Kainantu Gold Mine in Papua New Guinea and has a robust financial position.
K92 Mining announces the latest underground drilling results from the Kora and Judd deposits at the Kainantu gold mine in Papua New Guinea. Drill hole JDD0051 reported 8.80 m at 61.17 g/t gold equivalent (AuEq), while KMDD0402 showed intersections of 4.20 m at 37.38 g/t AuEq. Results indicate high-grade mineralization and continuity with all 116 completed drill holes intersecting valuable minerals. Significant expansion potential is noted in both deposits with drilling ongoing at Kora and Judd.
K92 Mining Inc. has appointed Christopher Kinver as the Project Director for the Kora Expansion, responsible for Stage 2A and Stage 3 expansions at the Kainantu Mine in Papua New Guinea. Kinver brings nearly 20 years of mining experience, having previously held senior roles with OceanaGold and BHP Billiton. He has been with K92 since 2019, enhancing his familiarity with the Kainantu operation. This leadership change aims to leverage his expertise for successful project delivery, strengthening K92's position in the mining sector.
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