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Press release from Marketwire

First Quantum Minerals Reports Fatality at Its Kansanshi Operation

Wednesday, January 16, 2013

First Quantum Minerals Reports Fatality at Its Kansanshi Operation12:50 EST Wednesday, January 16, 2013VANCOUVER, 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, President12g3-2b-82-4461Listed in Standard and Poor'sFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: First Quantum Minerals Ltd. - North American ContactSharon LoungDirector, Investor Relations(647) 346-3934 or Toll Free: 1 (888) 688-6577(604) 688-3818 (FAX)sharon.loung@fqml.comFirst Quantum Minerals Ltd. - United Kingdom ContactClive NewallPresident+44 140 327 3484+44 140 327 3494 (FAX)clive.newall@fqml.comwww.first-quantum.comJefferies InternationalPeter BacchusManaging Director+44 778 994 3482Media: Harmony CommunicationsBrian CattellSenior Partner+44 20 7016 9155 or +44 7786 241 145