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PNG grants K92 10-year mining lease extension

Toronto-listed K92 Mining was granted its 10-year mining lease extension for its Kainantu gold mine by the Papua New Guinean government in Sydney, Australia, on Monday night while senior members of both parties were in the city for the PNG Mining and Petroleum Investment conference.

PNG grants K92 10-year mining lease extension PNG grants K92 10-year mining lease extension PNG grants K92 10-year mining lease extension PNG grants K92 10-year mining lease extension PNG grants K92 10-year mining lease extension

“When you do the right thing, the right things happen,” PNG’s minister for mining, Sir Ano Pala told delegates.

"As a result of that, our board, overnight, approved the development of our stage three and stage four expansions which will see us spend 2.2 billion kina [US$624.

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