Bloomberg reported that Kagara Zinc Ltd, the Australian mining company that sells its output to Korea Zinc Co produced a record amount of the metal in the first quarter after it mined higher grade ore. The quarter saw a continuing improvement in performance across all sites.

Perth based Kagara Zinc said that its Zinc production for the three months ended September 30th 2007 rose by 34% YoY to 13,549 tonnes from the corresponding period a year earlier. Its lead output also rose by 30% YoY to 3,977 tonnes, the highest in two years and copper production was 4,453 tonnes.

Kagara said that it is seeking to boost output of both copper and zinc by developing its Mungana mine in Queensland.

Kagara's full year profit for the year ended June 30th 2007 doubled to a record as output rose and metal prices gained.