TORONTO, January 28, 2019 /PRNewswire/ --
First Quantum Minerals Ltd. ("First Quantum" or
the "Company", TSX Symbol "FM") previously reported on
January 23, 2018, that a land
slippage occurred on the slope of the northern zone of the open pit
mine in the Cobre Las Cruces ("CLC"), located in the municipality
of Gerena (Seville province)
Spain. The Company can now report that, subject to regulatory
approvals, a start-up of the mill is expected to commence sometime
in February to process the existing stockpiles while developing a
plan to mine Phase 6 of the operation is established and submitted
for regulatory approvals. The stockpiles are lower grade and
are expected to continue to be processed until the mining of Phase
6 can commence. Phase 6 ore is not impacted by the slippage
and is accessible by the southern ramp which is not affected. The
Company will provide further updates as more information is
available.
On Behalf of the Board of Directors of First Quantum Minerals
Ltd.
G. Clive Newall
President
For further information visit our website at
http://www.first-quantum.com
North American contact: Lisa
Doddridge, Director, Investor Relations, Tel:
+1-(416)-361-6400, Toll Free: +1-(888)-688-6577, E-Mail:
lisa.doddridge@fqml.com; United
Kingdom contact: Clive
Newall, President, Tel: +44-7802-721663, Fax:
+44-140-327-3494, E-Mail: clive.newall@fqml.com