First Quantum to Release First Quarter 2012 Financial and

NEWS RELEASE 12-12 April 17, 2012 www.first-quantum.com

FIRST QUANTUM TO RELEASE FIRST QUARTER 2012 FINANCIAL AND OPERATING RESULTS ON MAY 2, 2012

First Quantum Minerals Ltd. (“First Quantum” or the “Company”, TSX Symbol “FM”, LSE Symbol “FQM”) will publish its first quarter 2012 financial and operating results on Wednesday, May 2, 2012 after the close of the TSX. The Company’s President, Clive Newall, will host a conference call and webcast to discuss the results on Thursday, May 3, 2012.

Conference call and webcast details are as follows:

Date: May 3, 2012 Time: 6:00 am (PST); 9:00 am (EST); 2:00 pm (BST)

Webcast: www.first-quantum.com Dial in: Canada and international: 416-340-8530 Toll free North America: 877-440-9795 Toll free United Kingdom: 00-800-2787-2090

Replay: Canada and international: 905-694-9451 Toll free North America: 800-408-3053 Replay Passcode: 7804406

The conference call replay will be available until 11:59 pm (PST) on May10, 2012

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]