Safety One of the top safety records in the Australasian Region with a year-over-year LTI frequency reduction of 14%
"At K92 Mining, we have a strong focus on the prosperity and development of Papua New Guinea and local communities through socially responsible mining. We believe this is achieved through safe and environmentally responsible mining; strong community engagement; investing in PNG’s future through education and training; providing infrastructure and services development, and; providing employment and economic opportunities for Papua New Guineans.
We are very proud that over 95% of our employees are PNG nationals, of which a majority are from our local landowners. Our workforce also has one of the best safety records in all of Australasia, which we believe is a testament to the dedication and strong work culture of our employees. In 2022, we have continued to create employment opportunities through sequentially commissioning our Stage 2A Plant Expansion. We are also concurrently advancing our next stages of growth with the Integrated Development Plan evaluating Stage 3 and Stage 4 Expansions. K92 is proud to be the largest mineral explorer in Papua New Guinea, with a major focus on investing to unlocking its resource potential for future generations."
- CEO and Director, John Lewins
SUSTAINABILITY REPORT HIGHLIGHTS
95% PNG National Workforce One of the highest in the resource sector, with majority from local communities
MAJOR CORPORATE TAX PAYER IN PNG 14% year-over-year increase in corporate tax and second-highest taxpayer in the mining industry in Papua New Guinea
Career Progression Through uplifting of PNG National workforce skills including senior management and senior operator positions
WOMEN EMPOWERMENT Through the Sustainability Agriculture Livelihood program, employing 80% women and successfully growing new types of crops in the lowlands
$0.9 Million In community investments in 2021
ACCESS TO CLEAN WATER EXPANDED Through an investment of $37,500 (materials, excludes labour) and commitment to providing impacted communities with fresh water by improving water lines and installing new water supply systems
1 MILLION PGK ($300,000) Contribution to the new market in Kainantu to support regional commerce
63% OF EXPENDITURES LOCALLY PROCURED Since the start of operations supporting the development of long-term sustainable businesses, which earned $15.5 million in 2021
Education Focus sponsoring 51 tertiary education students, local community primary and secondary school enrollment fees and full-scholarship awards
Low Impact small footprint underground mine, process plant and tailings designs.
No Surface Waste Rock through keeping waste rock underground as backfill or repurposing the waste rock as fill for building the tailings storage facility impoundment.
10 Million Tree Program Participant contributing towards PNG’s goal of planting 1 million new trees a year for 10 years.
HYDROELECTRIC POWER main source of power at the Kainantu operations.
No Cyanide used on site, conventional flotation concentrate is used instead.
Meets or Exceeds discharge water quality requirements that is closely monitored through monthly sample collections.