CORRECTED-BRIEF-Quadra FNX Mining Q1 production results
Stocks
Quadra FNX Mining Ltd
QUX.TO
$13.69
+0.14+1.03%
9:30am EDT
Far West Mining Ltd
FWM.TO
$8.18
-0.03-0.37%
9:30am EDT
Capstone Mining Corp
CS.TO
$4.02
-0.01-0.25%
9:30am EDT
Tue Apr 19, 2011 8:16am EDT
(Corrects headline to clarify company posted first-quarter production results and not earnings)
April 19 (Reuters) - Quadra FNX Mining Ltd : * Announces first quarter 2011 production results * Combined production for the three months ended March 31st totaled 46 million
pounds of payable copper. * First-quarter production was 26 thousand ounces of total precious metals, 2 million pounds of payable nickel. * Entered customary voting support agreements with respect to agreement by
Capstone to acquire Far West Mining Ltd. * Says if deal successful, co would realize a pre-tax gain of approximately C$60 million based on current prices.
