Source: First Quantum Minerals Ltd.

First Quantum Minerals Announces Resumption of Operations at Its Guelb Moghrein Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 30, 2014) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today announced that the workforce at its Guelb Moghrein copper-gold mine in Mauritania has returned to work and operations have resumed following strike action by some unionized employees.

The impact of the strike action on the mine's full year 2014 production is estimated at a loss of 2,800 tonnes of copper and 3,500 ounces of gold.

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

G. Clive Newall, President

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Listed in Standard and Poor's

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

Contact Information:

North American contact:
Sharon Loung
Director, Investor Relations
(647) 346-3934 or Toll Free: 1 (888) 688-6577
(604) 688-3818 (FAX)
sharon.loung@fqml.com

United Kingdom contact:
Clive Newall
President
+44 140 327 3484
+44 140 327 3494 (FAX)
clive.newall@fqml.com