K92 Mining has reported strong fourth quarter production results at its Kainantu Gold Mine in Papua New Guinea, capping off a record year of output and operational performance.
For the December quarter, the company produced 47,178 ounces of gold equivalent, comprising 44,129 ounces of gold, approximately 1.94 million pounds of copper and 47,427 ounces of silver.
Quarterly performance was underpinned by higher throughput, strong grades and solid metallurgical recoveries.
The Q4 result helped K92 achieve record annual production of 174,134 ounces of gold equivalent for 2025, placing the company at the upper end of its full-year guidance range of 160,000 to 185,000 ounces.
Annual production increased by 16 per cent compared with the previous year, with record metal sales also achieved.
Operationally, the quarter delivered several key milestones. A record 186,198 tonnes of ore were processed during Q4, representing a 93 per cent increase compared with the same period last year.
Metallurgical recoveries continued to outperform expectations, averaging 94.3 per cent for gold and 93.9 per cent for copper, exceeding parameters outlined in the updated feasibility study.
A major highlight was the successful commissioning of the stage 3 expansion processing plant.
By December, the new 1.2 million tonne per annum facility was fully operational and processing all plant feed. Early results show throughput and recovery performance exceeding design levels, providing a strong foundation for further optimisation.
K92 also reported record levels of underground development and material movement during the quarter, reflecting improved productivity, additional mining fronts and ongoing infrastructure upgrades.
The company said the strong finish to the year positions Kainantu well for continued operational improvement, production growth and exploration success as it moves into 2026, reinforcing K92 Mining’s role as a key contributor to Papua New Guinea’s mining sector.
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