FNX Mining Company announced that the company’s 100% owned Levack Footwall Deposit, Ontario, Canada, has been officially renamed the Morrison Deposit. The Morrison Deposit is scheduled to begin commercial production in mid-2010.
FNX Mining Company Inc. announced unaudited operating and financial results for the quarter ending March 31, 2010. Highlights include: consolidated revenues for the first quarter were Can$50.6 million, compared to Can$49.0 million for the same period of 2009 and net earnings for the period were Can$1.9 million, compared to a net loss of $26.2 million for the comparable period in 2009.
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