K92 Mining has commenced gold production from the Irumafimpa Gold Deposit.
K92 Mining Inc is focused on advancing the Kainantu Gold Mine, located in the Eastern Highlands province of Papua New Guinea, towards production. The Kainantu property covers a total area of approx. 410 km2 and was previously mined by Highlands Pacific and Barrick Gold from 2006-2009. K92 Mining Inc. was purpose built for the acquisition of the Kainantu Gold Mine. In addition to targeting a move towards production, K92 will focus on both expanding known areas of mineralization and drilling high priority exploration targets.K92 is led by an experienced team of industry professionals with substantial international expertise in mining, production start ups, production re-starts, mineral exploration, and finance.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 6, 2022 | Post-IPO Equity | $50M | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Desjardins Securities | — | Post-IPO Equity |
Stifel Nicolaus Canada Inc | — | Post-IPO Equity |