Lewins attributed the increase to the ramp-up of a second mining front, improved material movement capacity following the June completion of a second material pass, and prior completion of the internal ramp and Puma Vent Incline surface breakthrough. The company achieved 1,150 meters of development in May and subsequently reported a monthly record of 1,220 meters in July. As of June 30, K92 had $349.4 million in cash and cash equivalents, working capital of $396.7 million, and net cash of $310 million. On a by-product basis, K92 reported cash costs of $859 per gold ounce and all-in sustaining costs of $1,376 per ounce. About K92 Mining (TSE:KNT)K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine.