First Quantum Minerals Confirms Return to Work Process Initiated at Cobre Panama Project Site

NEWS RELEASE

18-11

March 26, 2018

www.first-quantum.com

FIRST QUANTUM MINERALS CONFIRMS RETURN TO WORK PROCESS INITIATED

AT COBRE PANAMA PROJECT SITE

First Quantum Minerals Ltd. (“First Quantum” or the “Company”, TSX Symbol “FM”) today confirmed that,

following the resolution of the industrial action at Cobre Panama, it is now conducting the necessary preparations to

allow the return of workers to the affected areas of the site. The return to work process is expected to take place

over the next two to three weeks.

Cobre Panama wishes to thank government officials for their efforts in achieving this successful resolution.

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

G. Clive Newall

President

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

North American contact: Sharon Loung, Director, Investor Relations

Tel: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: [email protected]

United Kingdom contact: Clive Newall, President

Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: [email protected]