K92 Mining H1 2026 earnings climb on higher realized gold prices, increased ounces sold, company says
Reuters2026/08/10 14:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- K92 Mining posted net earnings of USD 201.21 million for the six months ended June 30, 2026, driven by higher realized gold prices, higher sales volumes.
- Revenue rose to USD 441.53 million as payable gold price averaged USD 4,566 per ounce; gold sold increased 22% to 91,536 ounces.
- Cost of sales increased to USD 121.97 million as mining and processing activity ramped up for the Stage 3 expansion; ore mined rose 61%, ore processed 57%.
- Depreciation and depletion climbed to USD 25.41 million following the Stage 3 expansion process plant entering service; net smelter royalties increased with revenue.
- Cash costs rose to USD 824 per gold ounce sold on lower head grade; higher by-product credits of USD 24.15 million partly offset cost pressure.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. K92 Mining Inc. published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.
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