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K92 Mining Inc (KNTNF) is a mining company focused on exploring, developing, and operating mineral properties. With a strong presence in gold, silver, and copper mining, the company has shown significant growth and expansion in recent years. K92 Mining Inc is known for its innovative approach, sustainable practices, and commitment to community development. Currently, the company is engaged in various projects, including the Kora, Irumafimpa, and Judd Veins, showcasing its potential for long-term success in the mining industry.
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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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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.
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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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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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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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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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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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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.
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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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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.
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FAQ
What is the current stock price of K92 MINING (KNTNF)?
The current stock price of K92 MINING (KNTNF) is $6.65 as of January 31, 2025.
What is the market cap of K92 MINING (KNTNF)?
The market cap of K92 MINING (KNTNF) is approximately 1.6B.
What is K92 Mining Inc known for?
K92 Mining Inc is known for exploring, developing, and operating mineral properties, with a primary focus on gold, silver, and copper mining.
What projects is K92 Mining Inc currently engaged in?
K92 Mining Inc is currently involved in projects related to the Kora, Irumafimpa, and Judd Veins.
What sets K92 Mining Inc apart in the mining industry?
K92 Mining Inc stands out in the mining industry due to its innovative approach, sustainable practices, and commitment to community development.
How has K92 Mining Inc shown growth and expansion?
In recent years, K92 Mining Inc has demonstrated significant growth and expansion, positioning itself for long-term success in the mining sector.
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