The output breakdown includes 42,931 ounces of gold, 1.78 million pounds of copper, and 50,109 ounces of silver. This performance represents a 59% increase over the previous quarter, driven primarily by the processing of 225,965 metric tons of ore.
In section Market Quotes
K92 Mining Hits Record Ore Processing Volumes in Papua New Guinea
A 73% surge in processed ore at the Kainantu gold mine has propelled K92 Mining to its most productive second quarter on record. The Canadian miner reported 46,093 gold equivalent ounces for the period, marking a significant leap from the 34,816 ounces produced during the same window last year.
Chief Executive John Lewis expects the momentum to continue through the latter half of the year as infrastructure upgrades come online. These scheduled projects aim to expand material movement capacity and enhance overall operating flexibility. Despite the robust quarterly figures, the company maintains its annual guidance of 190,000 to 225,000 gold equivalent ounces.
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