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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 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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K92 Mining Inc. (KNT) announces updated resource estimate at Kainantu Gold Mine in Papua New Guinea, with significant increases in Measured and Indicated Resources for Kora and Judd deposits, representing a +13% net increase to 8.1 million tonnes at 10.00 g/t AuEq for 2.6 million ounces AuEq, and a +70% net increase to 16.5 million tonnes at 8.48 g/t AuEq for 4.5 million ounces AuEq.
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K92 Mining Inc. (TSX: KNT; OTCQX: KNTNF) announced financial results for the three and nine months ended September 30, 2023. The company reported strong production figures, with significant increases in processing throughput and metallurgical recoveries. It also highlighted a solid cash position, a new senior secured loan, and a quarterly revenue of US$32.8 million. K92's growth prospects are promising as it progresses with the Stage 3 Expansion Process Plant and reports strong drilling results from underground and surface at Kora, Kora South, Judd, and Judd South deposits.
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K92 Mining Inc. announces Q3 2023 production results at Kainantu Gold Mine
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FAQ
What is the current stock price of K92 MINING (KNTNF)?
The current stock price of K92 MINING (KNTNF) is $5.92 as of December 23, 2024.
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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