January 11, 2010 / 3:04 PM / 8 years ago

UPDATE 1-Quadra sees increased copper production in 2010

* Sees 2010 copper production up more than 50 pct

* Shares up 2.7 pct in early trade

TORONTO, Jan 11 (Reuters) - Canada’s Quadra Mining QUA.TO said on Monday it expects to raise copper production from its three operations by more than 50 percent in 2010, sending shares up 2.7 percent.

The Vancouver-based copper and gold miner expects to produce about 250 million pounds of copper in 2010. It also anticipates 80,000 ounces of gold output from its Robinson mine in Ely, Nevada.

Quadra, which also operates the Carlota Mine in Arizona and the Franke Mine in Chile, produced 164 million pounds of copper and 98,970 ounces of gold in 2009.

Shares of Quadra were up 42 Canadian cents C$16.07 in morning trade on the Toronto Stock Exchange. (Reporting by Euan Rocha; Editing by Derek Caney)

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