K92 in $12.5M deal with Barrick

INVESTORS have appreciated Papua New Guinea gold miner K92 Mining addressing a “significant impediment” by reaching agreement with Barrick Gold to pay $12.5 million, to eliminate a contingent payment arrangement.

K92 in $12.5M deal with Barrick K92 in $12.5M deal with Barrick K92 in $12.5M deal with Barrick K92 in $12.5M deal with Barrick K92 in $12.5M deal with Barrick

John Lewins

The arrangement, which stemmed from the 2014 share sale agreement over Barrick's then-mothballed Kainantu mine in PNG, continued to March 2025.