AAP reported that Metals miner Kagara Limited's production lead, zinc and nickel rose in the September quarter and some operating costs fell in line with its newly outlined strategy.

Kagara zinc production of 17,790 tonnes in the 3 months to the end of September up 13% on the June quarter. Copper production of 5,739 tonnes in the September quarter was down three per cent on the preceding quarter which was in line with expectations and guidance.

September quarter lead production more than doubled from June to 1,463 tonnes, while nickel production of 516 tonnes was up 61% from the preceding quarter. Cash operating costs for zinc and copper in the 3 months to September were down three per cent on the June quarter while the cash operating margin on zinc was up 12%.

The September 2011 quarter was a solid start to financial year 2012 reflecting a continuing focus on production growth and cost control. It has copper and lead operations in north Queensland and development prospects in Western Australia.

The miner recently outlined 5 year strategy to grow its annual production of zinc to 120 kilo-tonnes and copper to 30 kilo tonnes. It also has its sights set on becoming a top 100 listed company.

(Sourced from AAP)