Northwire Canada EditionSunday, September 20, 2026
Northwire
GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Earnings Routine +

K92 Mining Announces Strong Q1 2026 Financial Results - Record Quarterly Revenue, Net Income, Operating Cash Flow, EBITDA and Net Cash Position

K92 Mining Q1 Earnings Confirm Ramp-Up Despite Cost Miss; Cash Pile Grows

Executive Summary

Financial Performance Overview

  • Revenue reached US$236.3 million, a 63% increase year-over-year from Q1 2025.
  • Net income recorded at US$116.6 million or $0.48 per share, up 66% YoY.
  • EBITDA stood at US$179.9 million or $0.74 per share, a 68% increase from Q1 2025.
  • Operating cash flow was robust at US$132.9 million before working capital adjustments.
Material Impact

Execution vs Expectations

  • The financial results confirm the operational ramp-up previously guided in January 2026, validating the Stage 3 expansion timeline.
  • Production volumes were "in line with budget," indicating no significant operational disruptions despite the safety incident reported in February 2026.
  • Revenue and income growth are driven by higher throughput and realized gold prices ($4,641/oz), which significantly exceed historical averages mentioned in prior transcripts ($3,296/oz avg in 2025).
KNT · Price
Company Overview

K92 Mining Inc.

  • Operates the Kainantu Gold Mine in Papua New Guinea.
  • Focuses on underground gold mining with significant copper and silver by-products.
  • Transitioning from an exploration/development company to a Tier 1 mid-tier producer following Stage 3 expansion.
Read the original news release →

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