K92 MINING STRONG Q K287 MILLION TAX TO PNG GOVERNMENT

BY RAYLEEN WANJIMAN

K92 Mining has reported strong first quarter financial results for 2026 with K287 million corporate tax payment to the Papua New Guinea Government.

The payment made in March this year, represents the company’s first tax instalment for 2026 and reflects continued growth at the Kainantu Gold Mine in Eastern Highlands Province.

K92 says its operations also contributed millions through royalties, Mineral Resource Authority levies, local business spending and community investment programs supporting health, education and infrastructure.
During the first quarter, the company spent over K202 million with local suppliers and invested K178 million into expansion projects at the Kainantu mine.

Chief Executive Officer John Lewins says the company is proud to continue contributing to Papua New Guinea’s economy while expanding operations and creating long-term value for stakeholders.

K92 Mining says the strong financial performance follows record production and the successful operation of its new Stage Three expansion processing plant.