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Michael Winship Appointed as Chief Operating Officer for Quadra FNX Mining Ltd.

01.09.2010  |  Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/01/10 -- Quadra FNX Mining Ltd. ('Quadra FNX' or 'the Company') (TSX: QUX) is pleased to announce that Mr. Michael Winship has been appointed as Chief Operating Officer of the Company, effective September 1st 2010. Mr. Winship takes over from Mr. Jack Miller, following his retirement as the former Chief Operating Officer of Quadra FNX.


Mr. Winship has over 30 years experience in mine development, operations, and corporate business. During his career Michael has been involved in the operation or development of over 20 mines in diverse working jurisdictions including Australia, Papua New Guinea, the United States, Indonesia as well as northern Canada and the Sudbury Basin. Most recently Michael was the President and Chief Operating Officer with Hudbay Minerals Inc. Prior to Hudbay, Michael was Senior Vice President and Chief Operating Officer with PT International Nickel Tbk. Between 2000 and 2007 Michael worked at Vale Inco where, in his last position as Vice President, Mining & Milling, he was responsible for seven nickel/copper/PGM mines and central processing milling operations in Sudbury. Prior to Vale Inco, Michael was the General Manager for several Placer Dome operations including the Getchell Gold Mines in Nevada, USA, the Dome Mine in Timmins, Ontario, and the Campbell Mine in Red Lake Ontario among others. Michael holds a bachelor's degree in mining engineering from McGill University.


Paul Blythe, President & CEO of Quadra FNX: 'We are delighted to have Michael join Quadra FNX and we welcome his contribution to the Company and the strength he brings to the senior management team. Michael is recognized as a leader of change with a history of dramatic contributions to business results. He has project managed larger international mining assets, and has specialized in operational trouble shooting to expand production and reduce costs.'


'As we welcome Michael, it is with some sadness that we say farewell to Jack Miller. Jack has been instrumental in the development and growth of the Company since its inception in 2004. Under his leadership, Robinson achieved full production in October 2004, Carlota was developed on schedule, on budget and brought into production in the fall of 2008 and the Franke Mine commenced production in July 2009. In addition, Jack was key in the discovery and development of Sierra Gorda and, most recently, he played a pivotal role in the integration of Quadra FNX. We thank him for his leadership as well as his enthusiasm and commitment to creating a culture where employees are engaged and motivated to succeed. We wish him the very best in his retirement.'


About Quadra FNX Mining Ltd. (TSX: QUX)


Quadra FNX Mining Ltd. is a leading mid-tier copper mining company with corporate offices in Vancouver, B.C. and Toronto, Ontario. Quadra FNX 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. The Company 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 FNX employs approximately 1,650 people in North and South America.

Contacts:

Media and Investor Relations Contact: Quadra FNX Mining Ltd.

Derek White

Executive Vice President, Corporate Development

(604) 807-7555


Quadra FNX Mining Ltd.

Nawojka Wachowiak

Vice President, Investor Relations

(416) 642-9209



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