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K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.


TSX:KNT - Post by User

Comment by BlindBoyon Apr 06, 2021 8:03am
176 Views
Post# 32940147

RE:Encouraging news.

RE:Encouraging news. That's a good move (finally), on Barrick's part, but the problem was never the fault of PNG in the first place.
Rather, it was with the lack of environmental and social concern displayed in the mining procedures of some of our western major mining companies, combined at times with outright brutish behanvior by their security personel. 
There have been other instances of similar malpractices by some of our mining companies in various countries in Central and South America.
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