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K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Comment by VINDICARon Jul 22, 2021 6:02pm
93 Views
Post# 33591707

RE:RE:lease renewal

RE:RE:lease renewalthank you so much for that info.  what mining regulations might enable Papua New Guinea government to decide not to renew the lease, like they did with the barrick mining non renewal recently?  just trying to learn what could occur if the mine becomes very very desireable by the government or china with their loan to the government.  Can not Papua New Guinea government simply choose not to renew because it wants the high quality mine all for itself?   You are clearly more knowledgable than I and I will not bother you more. I greatly appreciate your knowledge. I am a long term investor in K92 and hoping to stay the course . 

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