Quadra FNX Mining Participates in Far West Private Placement

Quadra FNX Mining Ltd. (TSX:QUX) reports that the company has exercised its right to maintain its interest in Far West Mining Ltd. The company has also chosen to participate in a private placement of Units of Far West.

Quadra FNX Mining Ltd. is a leading mid-tier copper mining company with corporate offices in Vancouver, B.C. and Toronto, Ontario. QuadraFNX produces copper, gold, nickel and platinum group metals from its operating mines: the Robinson mine in Nevada, the Carlota mine in Arizona, Franke mine in northern Chile, and the McCreedy West, Levack and Podolsky mines in Sudbury, Ontario. QuadraFNX possesses several advanced development projects, including the Morrison Deposit in Sudbury, the Sierra Gorda copper-molybdenum project in Chile and the Malmbjerg molybdenum development project in Greenland. Quadra employs approximately 1,650 people in North and South America.

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