Kagara Limited

 ASX:KZL ISIN:AU000000KZL6

May 26, 2012

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Kagara Limited Company Summary

 Kagara Limited is an S&P ASX 200 Australian resources group and one of Australia's lower cost producers of zinc, copper, lead and nickel.

The Company's base metals operations centre on the Mt Garnet-Chillagoe region of north Queensland, with three underground mines, one open pit mine and three processing facilities and a substantial production profile targeting copper production of 23,000 tonnes in FY2011 and zinc production of 100,000 tonnes in FY2012.

Production is also underway at the Lounge Lizard Nickel Project in Western Australia at a targeted nickel ore production rate of 50,000 tonnes per annum.

In addition, Kagara holds an extensive portfolio of high quality development and exploration assets, including the world-class Admiral Bay zinc-lead-silver-barite deposit in Western Australia, capable of delivering long term growth for the Company's shareholders well into the future.
 

DIRECTORS / OFFICERS

 
Kim Robinson B.Sc (Geology)
Chairman
Mr Robinson is a founding Director of Kagara. Mr Robinson graduated from the University of Western Australia in 1973 with a degree in Geology and has over 30 years experience in the minerals exploration and mining industries, including 10 years as Executive Chairman of Forrestania Gold NL. During his time at Forrestania, Mr Robinson played a key role in the discovery and development of the Bounty Gold Mine, the development of the Mt McClure Gold Mine and the discovery of the Maggie Hays and Emily Ann nickel sulphide deposits. He was also involved in the discovery and development of the Cosmos nickel deposit. During the past three years he has also served as a director of the following other listed companies: Non - Executive Chairman of Carbon Energy Ltd (September 1992 to date); Non - Executive Chairman of Apex Minerals Ltd (April 2006 to date).
Geoff Day B.App Sc (Chemistry) M.Sc (Chemistry)
Managing Director & CEO
Geoff Day has more than 20 years’ experience in the mining industry and joined Kagara Limited in March 2011 as Managing Director and Chief Executive Officer. Prior to joining Kagara, Mr Day was Executive General Manager - Papua New Guinea and Indonesia at Newcrest Mining, where he was responsible for all of Newcrest’s operations in Papua New Guinea and Indonesia, as well as holding executive accountability for health, safety, risk, business excellence, environment and community across all of Newcrest’s business. During his time with Newcrest, Mr Day played a key role in contributing to operational reliability and cost control at the company’s Australian operations, and was also closely involved in building Newcrest’s presence and profile in its expanding overseas operations. Prior to joining Newcrest, Mr Day held the positions of Chief Adviser – Processing, and Regional General Manager - Africa & Europe at Rio Tinto Technology & Innovation. Mr Day has a Bachelor of Applied Science (Chemistry) from Deakin University and a Master of Science (Chemistry) from Monash University, as has also undertaken post graduate studies (Geology) at the University of California at Berkeley.
Joseph Allen Treacy B.App Sc (Geology)
Executive Director
Mr Treacy has 30 years experience as a geologist specialising in gold, base metals and industrial minerals exploration in Australia and overseas. He is a member of the Australasian Institute of Mining and Metallurgy and his past experience includes directorships of listed companies Kalmet Resources NL, Cove Mining NL and GME Resources NL. During the past three years Mr Treacy has not served as a director of any other listed companies: Non - Executive Chairman of Mungana Goldmines Ltd (April 2009 to date)
Ross Clive Hutton B Eng (Mining)
Non-Executive Director
Mr Hutton has over 30 years experience in the mining industry having graduated from the University of Queensland in 1971 with a degree in mining engineering. He has held senior positions in national and international companies in the areas of mining, smelting and project development. Previously, Mr Hutton held the position of Vice President USA Operations with Pasminco. More recently, as a consultant, Mr Hutton conducted feasibility studies on mining projects in Iran and acted as construction superintendent for Kagara on the Mt Garnet Zinc project. He is a member of the Company’s Audit Committee and the Remuneration Committee. During the past three years Mr Hutton has also served as a director of the following other listed company: Non - Executive Director of Drummend Gold Ltd (December 2007 - to date)
Dr John (Shad) Linley B.Sc (Honours), Dr of Philosophy
Non-Executive Director
Dr Linley, until April 2008 was CEO of Sun Metals Group Queensland and prior to that, was former Director of the Centre for Strategic Industrial and Resource Development in Queensland. During his term at the Centre, he was involved in developing a comprehensive gas strategy together with an assessment of the long term future of the coal industry in Queensland. Formerly, he held several executive positions in Fluor Engineers and prior to that he was Vice President of Texasgulf Australia. He is a member of the Company’s Audit Committee and Remuneration Committee. During the past three years Dr Linley has also served as a director of the following listed companies: Non - Executive Director of Carbon Energy Ltd (July 2008 – 21 May 2009); Non - Executive Director of Marathon Resources Ltd (June 2008 – to date)
Mark Steven McConnell B.Sc (Geography), MBA, MAICD
Non-Executive Director
Mr McConnell is the Managing Director of New Territories Investments, a private equity and capital advisory firm, specialising in bilateral trade and investments between Australia and China. He serves on a number of private company boards which operate in the technology and consulting markets, in addition to being a Director of the Hong Kong Australia Business Association (HKABA). Prior to his career in the investment industry, Mark was a commissioned officer in the Royal Australian Air Force where he served for 8 years in a variety of operational positions. He is a member of the Company’s Audit Committee and Remuneration Committee. Mr McConnell facilitated the investment made by Guangdong Foreign Trade Group (GTFG) to become Kagara’s largest shareholder and serves on the board as GTFG’s representative. Mr McConnell has not served as a Director of any other listed companies: Non - Executive Director of Mungana Goldmines Ltd (June 2010 to date)
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Fax (08) 9481 1233 
Company Principal Sector Materials 
Company Principal Industry Materials 
Company Listed 1999/12/22 
Company Homepage www.kagara.com.au/
 

Key Developments: Kagara Limited
 Kagara Limited (ASX:KZL) Update Voluntary Administration
MAY 18, 2012 11:25 - Article Views: 417
Kagara Limited (ASX:KZL) - Following their appointment on 29 April 2012 and the First Meetings of Creditors held on 9 May 2012, Michael Ryan, Mark Englebert, Stefan Dopking and Quentin Olde ("Administrators") as the voluntary administrators of Kagara Limited (Administrators Appointed) and its three wholly-owned subsidiaries* ("the Group"), announce that they have secured initial funding for the administration process.
 Kagara Limited (ASX:KZL) Market Update
APR 12, 2012 11:25 - Article Views: 565
Kagara Limited (ASX:KZL) continues to review business operations and focus on core producing assets. This includes a restructure of its banking arrangements which have impacted Kagara's short term cash flow.
 Australian Resources Go To New York - Casimir Capital's 2nd Australian Resources Conference
MAR 18, 2012 09:27 - Article Views: 1,220
Casimir Capital, a leading investment bank specializing in natural resources, has announced the 2nd Annual Casimir Capital Global Australian Mining Conference, which will take place on March 26th at the Waldorf Astoria Hotel in New York City.
 Kagara Limited (ASX:KZL) Completes Sale of its Nickel Assets For A$68 Million
MAR 14, 2012 16:50 - Article Views: 580
Further to the announcement on 5 March 2012, Kagara Limited (ASX:KZL) has now completed the sale of its Western Australia nickel assets.
 Kagara Limited (ASX:KZL) Announces First Stage of Board Restructure
MAR 7, 2012 10:03 - Article Views: 662
Kagara Limited (ASX:KZL) (PINK:KGRZF) today announced the first stage of a comprehensive restructure of its Board.
 Kagara Limited (ASX:KZL) Operational Restructure and Half Year Results
MAR 6, 2012 10:00 - Article Views: 669
In conjunction with the release of its financial results for the six months to 31 December 2011, Kagara Limited (ASX:KZL) today announced a significant restructure of its North Queensland base metal operations and updated production guidance for FY12.
 Kagara Limited (ASX:KZL) Sale of Lounge Lizard for AU$68 Million
MAR 5, 2012 09:52 - Article Views: 705
Kagara Limited (ASX:KZL) is pleased to announce that it has reached agreement with Western Areas NL (ASX: WSA - "Western Areas") to sell its nickel assets in Western Australia, including the Lounge Lizard nickel mine, for $68 million in cash. In addition Kagara will receive fair value for high grade ore stockpiles.
 Kagara Limited (ASX:KZL) Appoints Experienced Financial and Commercial Professionals to Senior Team
FEB 14, 2012 16:04 - Article Views: 709
Kagara Limited (ASX:KZL) is pleased to announce the appointment of Paul Warme to its Executive Committee as Executive General Manager, Finance.
 Kagara Limited (ASX:KZL) Announces North Queensland Resource Update
FEB 9, 2012 08:28 - Article Views: 578
Kagara Limited (ASX:KZL) is pleased to announce an updated polymetallic resource inventory for the Northern Chillagoe Region, part of its North Queensland base metal operations, following successful drilling programs carried out during 1HFY12.
 South Boulder Mines Limited (ASX:STB) Appoints Flavio Garofalo as Chief Financial Officer
JAN 4, 2012 14:37 - Article Views: 845
South Boulder Mines Ltd (ASX:STB) is very pleased to announce the appointment of Mr Flavio Garofalo in the new role of Chief Financial Officer, effective from February 2012.

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Company Reports

  • Kagara Limited (ASX:KZL) Update Voluntary Administration  Click to Download
  • Kagara Limited (ASX:KZL) Form 604 Notice of change of interests  Click to Download
  • Kagara Limited (ASX:KZL) Quarterly Activities Report  Click to Download
  • Kagara Limited (ASX:KZL) MOO: Herberton and Baal Gammon Project Updates  Click to Download
  • Kagara Limited (ASX:KZL) MUX: Mungana response to Kagara`s voluntary administration  Click to Download
  • Kagara Limited (ASX:KZL) MOO: Baal Gammon Update  Click to Download
  • Kagara Limited (ASX:KZL) Appendix 3B  Click to Download
  • Kagara Limited (ASX:KZL) MOO: Baal Gammon Market Update  Click to Download
  • Kagara Limited (ASX:KZL) Reinstatement to Official Quotation  Click to Download
  • Kagara Limited (ASX:KZL) Half Year Report  Click to Download
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