Quadra FNX Mining Ltd. - Conference Call:  2011 Second Quarter
Financial Results

Quadra FNX Mining Ltd. (QUX.TSX)
("Quadra FNX" or the "Company") announces that it will report on the
Company's financial results and performance for the quarter ended June
30, 2011 on Wednesday, August 10, 2011, prior to market open. The
complete Financial Statements will be available together with the
Management Discussion and Analysis at www.quadrafnx.com and at
www.sedar.com.

A conference call to discuss the Second Quarter results has been
scheduled for Wednesday, August 10, 2011 at 10.00am ET (7.00am PDT).
The North American toll free number for this conference call is
1-416-340-2219 while the international number is 1-866-226-1793. To
access the simultaneous webcast, visit Quadra FNX's website at
www.quadrafnx.com or www.InvestorCalendar.com.  The playback version of
the call will be available until Wednesday, August17, 2011 at
1-905-694-9451 or North American toll free 1-800-408-3053 and using the
pass code: 5624465.

About Quadra FNX

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, nickel and precious metals from its operating mines:
Robinson in Nevada, Carlota in Arizona, Franke in northern Chile, and
Levack, which includes the Morrison Deposit, Podolsky and McCreedy West
in Sudbury, Ontario. The Company has two key development projects: the
Sierra Gorda project, a copper-molybdenum project in Chile, and the
Victoria project, a polymetallic project in Sudbury, Ontario. Quadra
FNX employs approximately 1,900 people in North and South America. The
Company's common shares are listed on the Toronto Stock Exchange under
the ticker symbol "QUX". Additional information about the Company is
available at www.quadrafnx.com.

Media and Investor Relations Contact:

Nawojka Wachowiak
Vice President, Investor Relations
(416) 642-9209