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The latest announcement is out from K92 Mining ( (TSE:KNT) ).
K92 Mining has announced its operational guidance for 2025, indicating a significant boost in production with expectations of producing 160,000 to 185,000 ounces of gold equivalent. This growth is attributed to the commissioning of its Stage 3 Expansion process plant, which is anticipated to transform the company into a Tier 1 Mid-Tier Producer. The company also plans a substantial exploration budget of $17-$20 million, focusing on multiple strategic targets. With these developments, K92 aims to improve its cost structure, reduce all-in sustaining costs in the latter half of 2025, and continue its record of production growth, all of which are expected to positively impact stakeholders and enhance its market position.
More about K92 Mining
K92 Mining Inc. operates within the mining industry, primarily focusing on gold production. The company is engaged in exploration and development activities, positioning itself as a significant player in the market with a focus on expanding its production capabilities.
YTD Price Performance: 10.69%
Average Trading Volume: 646,208
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.37B
For a thorough assessment of KNT stock, go to TipRanks’ Stock Analysis page.
