First Quantum Confirms Resumption of Operations at Its Kansanshi Mine in Zambia


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 6, 2012) - First Quantum Minerals Ltd. ("First Quantum" or the "Company" or "FQM") (TSX:FM)(LSE:FQM) today confirmed that operations at its Kansanshi copper/gold mine in Zambia have resumed and negotiations with the labour unions are continuing.

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

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

Maitland - United Kingdom Contacts
Brian Cattell/James Devas
+44 207 379 5151
+44 20 7379 6161 (FAX)
jdevas@maitland.co.uk / bcattell@maitland.co.uk