First Quantum to Release Second Quarter 2012 Financial and Operating Results on August 1, 2012

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/18/12 -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM) will publish its second quarter 2012 financial and operating results on Wednesday, August 1, 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, August 2, 2012.

Conference call and webcast details are as follows:

Date:             August 2, 2012
Time:             6:00 am (PST); 9:00 am (EST); 2:00 pm (BST)
Webcast:          http://www.first-quantum.com
Dial in:          Canada and international: 416-340-9432
                  Toll free North America: 877-240-9772
                  Toll free United Kingdom: 00-800-2787-2090

Replay:           Canada and international: 905-694-9451
                  Toll free North America: 800-408-3053
Replay Passcode:  4613701

The conference call replay will be available until 11:59 pm (PST) on August 9, 2012.

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

G. Clive Newall, President

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

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Listed in Standard and Poor's

Contacts:
First Quantum Minerals Ltd. - North American Contact
Sharon Loung
Director, Investor Relations
[phone] or Toll Free: 1 [phone]
[phone] (FAX)
[e-mail]

First Quantum Minerals Ltd. - United Kingdom Contact
Clive Newall
President
[phone]
[phone] (FAX)
[e-mail]
www.first-quantum.com