Goldman Sachs backs latest Kagara instalment

KAGARA Zinc could be on the road to doubling its production after starting the decline targeting the new Mungana base metals deposit in Queensland containing more than 348,000 tonnes of zinc and 77,000t of copper.

Goldman Sachs backs latest Kagara instalment Goldman Sachs backs latest Kagara instalment Goldman Sachs backs latest Kagara instalment Goldman Sachs backs latest Kagara instalment Goldman Sachs backs latest Kagara instalment

According to broker Goldman Sachs JBWere, Mungana could produce 50,000t per annum of zinc, 9000-10,000t of copper as well as lead, gold and silver at cash costs of US20-25c per pound of zinc (on

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