First Quantum Minerals Appoints Corporate Brokers

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 10/24/11 -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM) is pleased to announce that, following a review of existing relationships, it has appointed Jefferies International and RBC Capital Markets as joint corporate brokers to the Company.

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 web site at www.first-quantum.com.

Contacts:
First Quantum Minerals Ltd. - North American Contact
Sharon Loung
Director, Investor Relations
(647) 346-3934 or Toll Free: 1 (888) 688-6577
(604) 688-3818 (FAX)
[email protected]

First Quantum Minerals Ltd. - United Kingdom Contact
Clive Newall
President
+44 140 327 3484
+44 140 327 3494 (FAX)
[email protected]
www.first-quantum.com

Maitland
Brian Cattell
+44 207 379 5151
[email protected]

Maitland
James Devas
+44 207 379 5151
+44 20 7379 6161 (FAX)
[email protected]

Source: First Quantum Minerals Ltd.