EXHIBIT 1 [KPMG LOGO] KPMG LLP Telephone (416) 777-8500 CHARTERED ACCOUNTANTS Fax (416) 777-8818 Suite 3300 Commerce Court West Internet www.kpmg.ca PO Box 31 Stn Commerce Court Toronto ON M5L 1B2 CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The Board of Directors FNX Mining Company We consent to the use of our reports, dated March 10, 2005, included in this annual report on Form 40-F. /s/ KPMG LLP Toronto, Canada March 10, 2005