Annual Disclosure Documents Available Online

FIRST QUANTUM'S ANNUAL DISCLOSURE DOCUMENTSNOW AVAILABLE ONLINE

First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM", LSE Symbol "FQM") today advised that its 2011 Annual Report, Annual Information Form, Notice of Meeting, Management Information Circular and Proxy Form are now available online at www.first-quantum.com and on the SEDAR website at www.sedar.com.

Annual Meeting of Shareholders 

The Company will host its Annual General Meeting of Shareholders on Wednesday, May 9, 2012 at 11:00 a.m. (EST) in The Gallery of the TMX Broadcast Centre, The Exchange Tower, 130 King Street West, Toronto, ON, M5X 1J2, Canada.

A management update on the Company's copper and nickel growth projects is scheduled to be presented following the formalities of the meeting.

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 RelationsTel: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: [email protected] United Kingdom contacts: Clive Newall, PresidentTel: +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]