Monday, February 27, 2023
10:01 AM EST – K92 Mining Inc. : Is providing an operational update for its Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea. During the month of February, the process plant has experienced two notable unplanned maintenance events that cumulatively will have an impact on February and First Quarter production. In early February one of the mill trunnion bearings failed, requiring immediate replacement and resulting in two days downtime, although planned maintenance of other plant equipment was carried out during the stoppage. On February 20th, a limited electrical fire in a cable tray resulted in damage to a number of cables feeding the wet section of the process plant. The cables were all replaced by February 25, and the plant was brought back online and has operated normally since restarting. K92 Mining Inc. (T.KNT) shares were up $0.06 at 7.26.
Stocks in Play: K92 Mining Inc., Mon, 27 Feb 2023 10:12:07 EST