Kagara Increases Zinc and Lead Production

Oct. 12, 2011 01:14PM PST

The SMH News reported that Kagara Ltd’s (ASX:KZL) production lead, zinc and nickel rose in the September quarter.

As quoted in the market news:
Kagara on Tuesday reported zinc production of 17,790 tonnes in the three months to the end of September, up 13 per cent on the June quarter.

September quarter lead production more than doubled from June, to 1,463 tonnes, while nickel production of 516 tonnes was up 61 per cent from the preceding quarter.

Cash operating costs for zinc and copper in the three months to September were down three per cent on the June quarter, while the cash operating margin on zinc was up 12 per cent, Kagara said. “The September 2011 quarter was a solid start to (financial year 2012), reflecting a continuing focus on production growth and cost control,” the company said in its quarterly report.

Click here to read the full the SMH News report