K92 Mining (TSE:KNT) reported higher first-quarter revenue and record cash balances as production at its Kainantu Gold Mine in Papua New Guinea benefited from the commissioning of its Stage 3 processing plant and continued underground development gains, management said on the company’s first-quarter 2026 earnings call.
Chief Executive Officer and Director John Lewins said the quarter included “strong” operational, financial and project delivery performance, while also acknowledging a fatal contractor incident during the period. The company produced 46,743 gold-equivalent ounces in the quarter, with mill throughput of 142,017 tonnes and a head grade of 10.9 grams per tonne gold equivalent.
