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1st Quarter Release Date

7 May 2008 17:00

First Quantum Minerals Ld07 May 2008 NEWS RELEASE 08-09 May 7, 2008 www.first-quantum.com FIRST QUANTUM MINERALS TO PUBLISH FIRST QUARTER RESULTS ON MAY 13, 2008 First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM",LSE Symbol "FQM") will publish its first quarter, 2008 results on Tuesday, May13, 2008. First Quantum will host a conference call and webcast to discuss theCompany's first quarter results on May 14, 2008. The call will be hosted byClive Newall, president. Conference call details are as follows: Date: May 14, 2008Time: 9:00 am (PST); 12:00 pm (EST); 5:00 pm (GMT)Webcast: www.first-quantum.comDial in: 416-641-6117 / 866-542-4241 (North America) / 800-6578-9898 (International)Replay: 416-695-5800 / 800-408-3053 (North America)Replay Passcode: 3260359 The conference call replay will be available until 9:00 pm (PST) on May 21,2008. An archived audio webcast of the call will also be available on FirstQuantum's website (www.first-quantum.com). On Behalf of the Board of Directors 12g3-2b-82-4461of First Quantum Minerals Ltd. Listed in Standard & Poor'sG. Clive Newall Sedar Profile #00006237President For further information visit our web site at www.first-quantum.com Contact: Clive Newall, President1st Floor, Mill House Mill Bay Lane Horsham West Sussex RH12 1TQ United Kingdom Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: clive.newall@fqml.com. Or Harriet Pask or Sarah MacLeod Hogarth Partnership Ltd. Tel: +44 (0) 20 7357 9477 The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained in this news release are "forward-lookingstatements" within the meaning of the Private Securities Litigation Reform Actof 1995 and forward-looking information under applicable Canadian securitieslegislation. Such forward-looking statements or information, including but notlimited to those with respect to the prices of gold, copper, cobalt andsulphuric acid, estimated future production, estimated costs of futureproduction, the Company's hedging policy and permitting time lines, involveknown and unknown risks, uncertainties, and other factors which may cause theactual results, performance or achievements of the Company to be materiallydifferent from any future results, performance or achievements expressed orimplied by such forward-looking statements or information. Such factorsinclude, among others, the actual prices of copper, gold, cobalt and sulphuricacid, the factual results of current exploration, development and miningactivities, changes in project parameters as plans continue to be evaluated, aswell as those factors disclosed in the Company's documents filed from time totime with the Alberta, British Columbia, and Ontario Securities Commissions, theAutorite des marches financiers in Quebec, the United States Securities andExchange Commission and the London Stock Exchange. ENDS This information is provided by RNS The company news service from the London Stock Exchange
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