REG - First Quantum Min Ld - First Quantum Reports Strike Action at Cayeli Mine <Origin Href="QuoteRef">FM.TO</Origin>
RNS Number : 4092EFirst Quantum Minerals Ld03 November 2015
NEWS RELEASE
15-29
November 3, 2015
www.first-quantum.com
FIRST QUANTUM MINERALS REPORTS STRIKE ACTION AT ITS AYELI MINE
First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM", LSE Symbol "FQM") today reported that collective bargaining between the Company's wholly-owned subsidiary ayeli Bakir Isletmeleri A.S. and its mining workers' union has failed to reach an agreement. As a result, the union started strike action at the ayeli copper-zinc mine on October 30, 2015. Activity at the mine site will be limited to the areas of environment and safety, mine dewatering, and underground rehabilitation.
The Company remains open to reaching an agreement with the union within the parameters of the Company's cost constraints and considering the prevailing base metals market.
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 website at www.first-quantum.com
North American contact: Sharon Loung, Director, Investor Relations
Tel: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: sharon.loung@fqml.com
United Kingdom contact: Clive Newall, President
Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: clive.newall@fqml.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCBJBJTMBAMBRA
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