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Bullboard - Stock Discussion Forum 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... see more

TSX:KNT - Post Discussion

K92 Mining Inc > cash costs of $584/oz....WOWZA + record gold recoveries
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Post by GripnRip on Nov 14, 2024 1:01pm

cash costs of $584/oz....WOWZA + record gold recoveries

  • Cash costs of $584/oz gold and all-in sustaining costs (“AISC”) of $941/oz gold, significantly better than our 2024 operating guidance of $820/oz to $880/oz cash costs and $1,440/oz to $1,540/oz gold all-in sustaining costs.

  • Record metallurgical recoveries in Q3 of 95.3% for gold and near-record recoveries of 95.1% copper, with September achieving record monthly gold recoveries of 96.5% and copper recoveries of 95.9%, both exceeding the recovery parameters from the Updated Integrated Development Plan, of 93% and 94%, respectively (see October 16, 2024 press release)

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