2024 has been truly transformative for K92 Mining as they advanced their plans to become a world-class, tier 1 Gold Mining operation. K92 Mining CEO and Director John Lewins said K92 has achieved notable operational successes during the year and importantly, K92 Mining has done so with perfect safety performance, including achieving 553 consecutive days without a lost-time injury. Mr. Lewins said in 2024, they achieved another annual production record with 149,515 gold equivalent ounces produced, while investing significant expansion and sustaining capital throughout the year totaling a combined K650.6 million. “We also continued to invest heavily in exploration, with K63.7 million invested in 2024, making K92 the largest mineral explorer within the country. In December 2024, we were very proud to receive the Outstanding Community Humanitarian Initiative award from the PNG Chamber of Resources and Energy (PNG CORE). This is the third consecutive year K92 has been awarded a community-related award from the PNG CORE demonstrating our unwavering commitment to investing in local communities as part of our core business strategy. The 2024 award recognizes our flagship Sustainable Livelihoods Agriculture Program,” Mr. Lewins said. He said their local value retention initiatives continue to deliver significant value to their local stakeholders. “At the end of 2024, we employed nearly 1,800 employees and contractors and remained the second highest mining corporate income taxpayer in PNG, with a total of K243.4 million in taxes and royalties paid. We also procured approximately K371.5 million from PNG Companies, including K107.7 million from unique, local Ventures. In May 2024, we launched our inaugural Infrastructure Tax Credit Scheme project, with K26.4 million allocated for the upgrade and sealing of the road from Konkua to Bilimoia. We continued to work in Partnership with local stakeholders and government bodies to define future projects, which will be based on local development priorities,” he said. Mr. Lewins said looking ahead, the upcoming year will surely be one of the most important in K92’s history. “During the year, we look forward to the commissioning of our new 1.2 million tonnes per annum process plant and other key mine infrastructure to support our expansion plans and continued production growth. We will also look forward to working in ongoing partnership with all our stakeholders to deliver transformational value from our operations, now and into the future,” Mr. Lewins added.