K92 Mining has produced its first commercial grade gold-copper-silver concentrate from its new process plant at the Kainantu gold mine in Eastern Highlands province.
The 1.2 million tonnes per annum capacity plant is part of the company’s Stage 3 expansion project for the mine. It was formally launched at an inauguration ceremony on October 16, with Prime Minister James Marape and Mining Minister Rainbo Paita among the guests of honour and dignitaries attending,
They witnessed a gold pour at the new plant, which produced 458 ounces of gold doré.
The new plant remains on track for completion of commissioning in early November. The process plant was delivered under budget and represents the largest growth capital item of the wider Stage 3 expansion project.
Some 90 per cent of the project’s overall budget had been spent or commited at the end of the third quarter of 2025.
The company plans to immediately begin shipments of the gold doré and other concentrates produced.
K92 Mining chief executive officer and director John Lewins said the inaugural production at the Stage 3 Expansion Process plant was a major milestone for the company and operation.
“This achievement is the result of the tireless efforts and collaboration of our workforce, contractors, and partners,” he said. “I commend our team for successfully bringing this major project online safely, efficiently, and under budget.
“This marks an exciting chapter in K92’s history as the company advances towards Tier-1, mid-tier producer status.”
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