K92 Mining Inc. is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co. have each recommended K92 shareholders vote "FOR" all the proposed resolutions at the upcoming Annual General and Special Meeting of Shareholders . ISS and Glass Lewis are two leading independent, third-party proxy advisory firms who, among other services, provide proxy-voting [...]
K92 Mining Inc. deeply regrets to report that two individuals have been fatally injured following a vehicular accident on May 2. The accident occurred offsite from the mining lease area, on a country road. Mining operations were not impacted. K92 Mining's Emergency Services responded to the incident, the appropriate authorities have been notified and an investigation is underway. K92 is also working with its employees [...]
Quarterly ore processed of 117,903 tonnes or 1,310 tpd , our third highest on record, even after encountering 8 days of unplanned process plant downtime as previously reported. Record monthly mill average daily throughput achieved in March of 1,490 tpd, 9% above the Stage 2A Expansion run-rate of 1,370 tpd, plus multiple new daily records set during the quarter, with the highest mill tonnes processed to date being 1,815 [...]
K92 Mining Inc. announces with profound sadness the death of our Chairman, fellow director and friend, R. Stuart "Tookie" Angus. A deeply respected business advisor to the mining industry, an admired leader and a mentor to many, he had been Chairman of the Company since its inception and its acquisition of the Kainantu Project in 2014. Considered a giant of the mining industry, for over 40 years, Tookie brought a [...]
K92 Mining Inc. is providing an operational update for its Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea. During the month of February, the process plant has experienced two notable unplanned maintenance events that cumulatively will have an impact on February and First Quarter production. In early February one of the mill trunnion bearings failed, requiring immediate replacement and resulting in two [...]
K92 Mining Inc. is pleased to announce the promotion of Chris Muller to the position Executive Vice President Exploration. Chris Muller is a geologist with over 20 years of experience in open pit and underground mine, near mine, brownfields and greenfields exploration, in Papua New Guinea, Mongolia, China, Ghana, Indonesia and Thailand. He served as the Company's Vice President Exploration for over 5 years and has been [...]
K92 Mining Inc. announces that it will release its 2022 fourth quarter and annual financial results before the North American trading markets open on Thursday, March 30, 2023. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2022 fourth quarter and annual financial results at 8:30 am on Thursday, March 30, 2023. Listeners may access the conference call by dialing [...]
Production in 2023 is expected to be 120,000 to 140,000 ounces gold equivalent , a range that incorporates a contingency for supply chain related delays. High margin production forecasted in 2023, with cash costs between $620-$680 per ounce gold and all-in sustaining costs of $1,180-$1,300 per ounce gold. The increase from 2022 is driven predominantly by accelerating sustaining capital and development expenditures related [...]
Strong quarterly production, the second highest on record, of 35,538 oz of gold equivalent or 31,204 oz gold, 1,827,085 lbs copper and 40,517 oz silver and quarterly sales of 35,212 oz gold, 1,923,116 lbs copper and 44,828 oz silver. Record annual production, increasing 18% year over year, of 122,806 oz AuEq or 107,546 oz gold, 6,247,950 lbs copper and 126,043 oz silver, achieving the guidance range of 115,000 to 140,000 [...]
K92 Mining Inc. is pleased to announce the promotions of David Medilek to the position of President and Warren Uyen to the position of Chief Operating Officer. Mr. Medilek is a mining professional with over 15 years of mining capital markets, corporate strategy and technical operating experience. He has served as the Company's Vice President Business Development and Investor Relations for over three years. Previously, Mr [...]