K92 Mining forecasts 2026 growth capital spending of US$ 100 million to US$ 108 million
Bitget2026/10/20 00:37- K92 Mining forecasts 2026 production of 190,000-225,000 gold-equivalent ounces, with by-product all-in sustaining costs of US$1,250-US$1,350 per gold ounce.
- Growth capital spending is projected at US$100 million-US$108 million, including US$75 million-US$80 million for the Stage 4 expansion.
- Production is expected to peak in the fourth quarter, supported by higher-grade mining sequences and additional mining fronts.
- Stage 4 commissioning targets late 2027, lifting annual production capacity above 400,000 gold-equivalent ounces; both expansions are fully financed.
- Cash totaled US$349 million at June 30, 2026, against debt of US$40 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank Group’s credit risk rises to a four-year high, as AI bets and acquisition rumors heighten leverage concerns
Due to increased market concerns over AI-related financing and potential large-scale acquisitions, SoftBank Group's credit risk indicator—the credit default swap (CDS)—has risen to its highest level in nearly four years.
Microsoft (MSFT.US) faces a "higher bar" after its rebound! Morgan Stanley remains bullish: Azure growth and Copilot commercialization are key drivers, target price set at $600
Morgan Stanley stated that Microsoft's stock price has recently rebounded, so the tech giant will face a "higher hurdle" if it wants to maintain its upward momentum.
Report: OpenAI plans to accelerate fundraising before Anthropic goes public
OpenAI is racing against time—in order to secure funding ahead of rival Anthropic’s IPO, the company has significantly compressed its fundraising timeline, aiming to complete approximately $30 billion in private financing, which could push its valuation past $1.4 trillion upon completion. Major investors such as SoftBank and MGX are already engaged in discussions. Both AI giants are targeting trillion-dollar valuations, and their largely overlapping investor bases are being forced to make simultaneous bets on both ventures within just a few days.
Crypto prices
More
