First Quantum Minerals Appoints Michael Hanley as Independent Director

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 10, 2012) – First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM)(LSE:FQM) is pleased to announce the appointment of Michael Hanley to the Board of Directors. Mr. Hanley will serve as a non-executive independent director effective December 10, 2012.

Mr. Hanley has over 20 years of senior executive experience. Most recently, he served as Senior Vice-President Operations and Strategic Initiatives and member of the Office of the President at National Bank of Canada. From 1998 to 2008, Mr. Hanley held various executive roles at Alcan, including President and CEO of its global Bauxite and Alumina business group, and his final position of Executive Vice-President and CFO. He currently serves as an Independent Director and Audit Committee chair for BRP, a manufacturer, distributor, and marketer of motorized recreational vehicles and powersports engines; and as independent director for Orbite Aluminae, a cleantech company.

Mr. Hanley holds a business degree from HEC Montreal and is a Chartered Accountant.

“We welcome Michael to the Board of Directors and look forward to working with him. His experience particularly in operations will be a valuable addition to the Board mix as First Quantum continues executing its transformational growth strategy to position the Company amongst the top 10 largest copper and nickel producers in the world,” commented Philip Pascall, Chairman and CEO.

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

G. Clive Newall, President


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First Quantum Minerals Ltd. – North American contact
Sharon Loung
Director, Investor Relations
(647) 346-3934 or Toll Free: 1 (888) 688-6577
Fax: (604) 688-3818

First Quantum Minerals Ltd. – United Kingdom contact
Clive Newall
+44 140 327 3484
Fax: +44 140 327 3494

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