K92 Mining Transitions Leadership as Philip Samar Retires

K92 Mining Leadership Change: Philip Samar's Transition

K92 Mining Inc., a prominent player in the mining industry, has announced the retirement of Philip Samar from his executive position as Vice President, Government and Community Affairs. While stepping down from this role, Philip will continue to lend his expertise and guidance as a senior advisor, which speaks volumes about his commitment to the company and its future.

Philip Samar's Contributions to K92 Mining

Mr. Samar has been with K92 since January 2019 when he joined as Vice President, External and Corporate Affairs and later transitioned to Government and Community Affairs. His extensive career in Papua New Guinea's mining sector spans over two decades, making him a key figure in navigating the complexities of the industry. Before joining K92, he was instrumental in the Mineral Resources Authority between 2012 and 2018, where he developed essential mineral policies and led major mining project licenses.

The Impact of Samar's Leadership

During his tenure at K92, Samar played a crucial role in building strong ties with governmental bodies and local communities. His efforts significantly bolstered the company's external affairs and permitting strategy, which has been pivotal for the ongoing development of the Kainantu Gold Mine. The Stage 3 Expansion of this mine is particularly noteworthy, as it highlights K92's ambition to enhance its operational footprint.

CEO's Remarks on Philip Samar

John Lewins, the Chief Executive Officer and Director of K92, praised Samar's dedication and contributions. He stated that Philip's presence has greatly strengthened the company's engagement within Papua New Guinea. His depth of experience has positively influenced critical regulatory processes, further supporting the Kainantu Gold Mine's advancement. Lewins commended Samar's commitment to sustainable development and local capacity building, emphasizing that these principles are vital to the company’s ethos.

Planning for the Future

K92 Mining has plans to announce a successor for Philip Samar in the Community Affairs and External Relations role shortly. The company remains committed to enhancing its engagement with local communities and government, leveraging the robust foundations built during Samar's leadership.

About K92 Mining

K92 Mining Inc. specializes in gold, copper, and silver production at its Kainantu Gold Mine located in Papua New Guinea. The company has been operational since commercial production began in February 2018 and is currently focused on advancing its position as a Tier 1 mid-tier producer. K92 is in a sound financial state and is dedicated to ongoing plant enhancements. A maiden resource estimate for its Blue Lake copper-gold porphyry project was finalized recently, showcasing the company’s commitment to exploration and development.

Contact Information

For further inquiries regarding the transition and company updates, David Medilek, the President and Chief Operating Officer of K92, can be reached at +1-604-416-4445.

Frequently Asked Questions

What led to Philip Samar's retirement?

Philip Samar's retirement is part of a strategic transition as he moves to a senior advisory role while continuing to support K92 Mining's initiatives.

How long has Philip Samar worked in the mining industry?

Philip Samar has over two decades of experience in the mining sector, particularly in Papua New Guinea.

What role did Samar play at K92 Mining?

Samar significantly influenced K92's relationships with government and communities, supporting the strategic development of the Kainantu Gold Mine.

Who will succeed Philip Samar at K92 Mining?

K92 Mining will announce Philip Samar's successor in the Community Affairs and External Relations function soon.

What is the current focus of K92 Mining?

K92 Mining is focused on advancing its production capabilities and enhancing community engagements while continuing the development of its Kainantu Gold Mine.

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