Mining Purposes News Today

-- K92 Mining on Monday reported drilling results from the Kainantu gold mine in Papua New Guinea that extended multiple high-grade zones and included a new dilatant zone discovery. At the Kora...

-- K92 Mining on Monday reported drilling results from the Kainantu gold mine in Papua New Guinea that extended multiple high-grade zones and included a new dilatant zone discovery. At the Kora...

Mining Minister Muguwa Dilu says that the Community Development Agreement (CDA) for the Porgera project, would be held on May 15-30 at a venue to be announced soon.

-- National Bank of Canada said Tuesday that K92 Mining Inc.s adjusted EPS of US$0.09 in the fourth quarter of 2023 beat the banks forecast and the consensus estimate of US$0.07. Cash flow per...

“It’s the same old blues again,” sang Eric Clapton, and there might be a few Ipili and Engan people at Porgera feeling much the same with the announcement of the start-up of the “New Porgera” gold mine a few days before Christmas.While the economic benefits to the nation and the local population ...

Unless longstanding problems with the Porgera mine are addressed, the announced reopening is just old wine in new bottles, say Glenn Banks and John Burton.

-- K92 Mining Inc. reported Tuesday a net loss of US$0.00 per share, compared to a net income of US$0.01 per share posted a year ago. Revenue declined to US$$32.8 million from US$36.4...

-- BMO Capital Markets on Friday maintained its outperform rating on the shares of K92 Mining and its C$11.50 price target after the Papua New Guinea miner reported lower than expected third-quarter...

-- K92 Mining Inc. on Thursday reported third-quarter production of 26,225 gold equivalent ounces, down from 32,995 gold equivalent ounces in the year-ago quarter. Production from the quarter was...

-- K92 Mining Inc. said Tuesday that it has secured a US$100 million senior secured loan from Trafigura Pte Ltd. under a loan agreement. In addition, the Papua New Guinea subsidiary of the company,...