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K92 to expand PNG mine

Papua New Guinea producer K92 Mining (TSX: KNT) has given the go-ahead to expand its Kainantu gold mine to more than double annual production.

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Plans to double Kainantu plant capacity to 400,000tpa

Under the plan to double capacity to 400,000 tonnes per annum, the mine that produced a record 47,237 gold-equivalent ounces in 2018 would increase to an average 120,000oz Au-eq annually over 13

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