K92 MINING PAYS K240 MILLION TO IRC; SECOND 2026 CORPORATE TAX INSTALMENT

CAPTION: John Lewins, K92 Mining’s Chief Executive Officer and Prime Minister James Marape during an underground tour at K92 mine

K92 Mining Ltd. (“K92”), the operator of the Kainantu Gold Mine in Eastern Highlands Province, announced its payment of K 239,610,413– to the Internal Revenue Commission (“IRC”) as it’s second corporate tax instalment payment for the 2026 Fiscal Year.

This payments reflects K92’s continued and expanding role in driving economic growth across Papua New Guinea.

This is the second of three 2026 corporate tax instalments. Together with the first instalment made in March 2026, K92’s total 2026 corporate tax instalment payments to date now stand at over K5 million.

This already surpasses the record PGK 423 million in corporate tax paid or accrued in 2025 with one instalment still remaining for the year.

John Lewins, K92 Mining’s Chief Executive Officer, said, “With this second instalment, K92’s 2026 corporate tax payments have already surpassed its full-year total corporate tax paid or accrued for 2025, a clear reflection of the Kainantu Gold Mine’s strong operating momentum and K92’s growing contribution to Papua New Guinea.

K92 is proud of its position among Papua New Guinea’s largest corporate taxpayers and remains committed to delivering lasting benefits to local communities and the country in the years ahead