First Quantum Minerals Ltd.
TSX : FM
LSE : FQM

First Quantum Minerals Ltd.

June 01, 2016 11:30 ET

First Quantum Announces Completion of the Sale of Kevitsa

TORONTO, ONTARIO--(Marketwired - June 1, 2016) -

(In United States dollars, except where noted otherwise)

First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today announced the completion of the sale of the Kevitsa nickel-copper-platinum group elements mine to Boliden AB.

Total proceeds from the sale, excluding working capital adjustments, amounts to $712 million in cash.

On Behalf of the Board of Directors of First Quantum Minerals Ltd.

G. Clive Newall, President

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Listed in Standard and Poor's

For further information visit our website at www.first-quantum.com.

Contact Information

  • North American contact:
    Sharon Loung
    Director, Investor Relations
    (647) 346-3934
    (604) 688-3818 (FAX)
    Toll Free: 1 (888) 688-6577
    sharon.loung@fqml.com

    United Kingdom contact:
    Clive Newall
    President
    +44 140 327 3484
    +44 140 327 3494 (FAX)
    clive.newall@fqml.com