K92 Mining Reports Strong Q1 Earnings with Record Revenue and Production
K92 Mining reported first-quarter revenue of $236.3 million, a 63% increase year-over-year driven by higher gold prices and production from the Kainantu mine's Stage 3 ramp-up. The company produced 46,743 gold-equivalent ounces in Q1 and reiterated its full-year guidance for output between 190,000 to 225,000 gold-equivalent ounces.
Topics: expansion plans financial performance gold production mining