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Quadra FNX Mining Ltd.

12:24 PM EST - Quadra FNX Mining Ltd. : announced its second-quarter 2011 financial and operational results. The Company recorded a strong performance again this quarter driven by higher average copper prices and increased production from the inclusion of the Sudbury operations. Total revenues increased 76% to $298 million in the quarter compared to $169 million in the same quarter of 2010. Earnings increased 75% to $64 million or $0.33 per share (basic) compared to $37 million in Q2 2010 or $0.26 per share. Quadra FNX Mining Ltd. shares T.QUX are trading down $0.28 at $12.13.