Safety 918 days without a lost time injury
"K92 celebrated many achievements in 2025 in what was a landmark year for the Company, as we celebrated our 10th anniversary and successfully completed the commissioning of our new 1.2 million tonnes per annum Stage 3 Expansion processing plant. This coincided with a truly historic milestone for the people of Papua New Guinea, as the nation celebrated the Golden Jubilee of its independence in 1975.
I would like to extend my congratulations to the K92 Mining team and the people of Papua New Guinea for all the momentous milestones that were achieved during the year. These achievements are a testament to the dedication and resilience of the innumerable people who have made them possible. As Papua New Guinea looks to its next chapter, we strongly believe that responsible mining will remain an important driver of sustainable development for the country and its remarkable people.
At K92, we will continue to work steadfastly in partnership with all our stakeholders to deliver transformational value for many years to come.”- Non-Executive Chair, John Lewins
SUSTAINABILITY REPORT HIGHLIGHTS
Our People
91% OF EMPLOYEES AND PERMANENT CONTRACTORS FROM PNG One of the highest in the resource sector in PNG, with majority from local communities
LOCAL SKILLS DEVELOPMENT Through multiple Memoranda of Understanding implemented in partnership with PNG universities and technical colleges to help develop a robust pipeline of skilled mine workers
Education Focus Sponsoring 68 tertiary education students in 2025
KAINANTU ENDOWMENT Programming ongoing to advance education, skills development, and long-term opportunity in PNG
Our Communities
$161.8 MILLION In procurement to PNG companies in 2025, a 68% annual increase
$139.2 MILLION IN TAXES AND ROYALTIES In PNG including corporate tax, payroll tax, royalties, production levy, and import duties
52% OF EXPENDITURES PROCURED IN PNG Including $33.1 million to unique Joint Ventures
TAX CREDIT SCHEME Project implementation ongoing, representing investment of $6.6 million
Awarded 2025 Outstanding Community Humanitarian Initiative Award From the PNG Chamber of Resources and Energy for the K92 Adult Literacy Program
Our Environment
Low Impact Small footprint underground mine, process plant and tailings designs
K92 ENVIRONMENTAL POLICY Released to strengthen sustainability governance
ZERO Reportable environmental incidents at the operations
GHG REDUCTION TARGET 25% reduction in GHG emissions by 2030 against a business-as-usual forecast
HYDROELECTRIC POWER Significant source of power at the Kainantu operations with solar farm engineering work progressing
No Cyanide Used on site, eliminating key environmental and safety risks