First Quantum Minerals Reports Fatality at Its Kansanshi Operation


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2013) - First Quantum Minerals Ltd. ("First Quantum") (TSX:FM)(LSE:FQM) regretfully reports that one of its employees was fatally injured, one other critically injured and four others injured as a result of an industrial incident at its Kansanshi processing plant on January 16, 2013.

The Company is in contact with and is providing support to the employees' families. All relevant authorities have been notified and the Mine's Safety Department is expected to commence their investigation later today. The mine has already commenced its internal investigation to determine the cause of the incident.

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

G. Clive Newall, President

12g3-2b-82-4461

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Contact Information:

First Quantum Minerals Ltd. - North American Contact
Sharon Loung
Director, Investor Relations
(647) 346-3934 or Toll Free: 1 (888) 688-6577
(604) 688-3818 (FAX)
sharon.loung@fqml.com

First Quantum Minerals Ltd. - United Kingdom Contact
Clive Newall
President
+44 140 327 3484
+44 140 327 3494 (FAX)
clive.newall@fqml.com
www.first-quantum.com

Jefferies International
Peter Bacchus
Managing Director
+44 778 994 3482

Media: Harmony Communications
Brian Cattell
Senior Partner
+44 20 7016 9155 or +44 7786 241 145