First Quantum Minerals to Publish Third Quarter 2011 Results

NEWS RELEASE 11-26 October 24, 2011 www.first-quantum.com

FIRST QUANTUM MINERALS TO PUBLISH THIRD QUARTER 2011 RESULTS ON NOVEMBER 08, 2011

First Quantum Minerals Ltd. (“First Quantum” or the “Company”, TSX Symbol “FM”, LSE Symbol “FQM”) will publish its third quarter 2011 results on Tuesday November 08, 2011, after the close of the TSX. The Company’s President, Clive Newall, will host a conference call and webcast to discuss the results on Wednesday November 09, 2011 at 9:00 am (EST).

Conference call and webcast details are as follows:

Date: Wednesday November 09, 2011 Time: 6:00 am (PST); 9:00 am (EST); 2:00 pm (BST)

Webcast: www.first-quantum.com Dial in: Canada and international: 416-340-8018 Toll free North America: 1-866-223-7781 Toll free United Kingdom: 00-800-6578-9898

Replay: Canada and international: 905-694-9451 Toll free North America: 1-800-408-3053 Replay Passcode: 4740012

The conference call replay will be available until 11:59 pm (PST) on November 16, 2011.

On Behalf of the Board of Directors 12g3-2b-82-4461 of First Quantum Minerals Ltd. Listed in Standard and Poor’s G. Clive Newall President

For further information visit our web site 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 contacts: Clive Newall, President Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: [email protected] or Brian Cattell/James Devas, Maitland Tel: +44 207 379 5151 Fax: +44 20 7379 6161 E-Mail: [email protected] E-Mail [email protected]