| First Quantum Minerals Announces Changes to its Board of Directors | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 28, 2015) -
First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX:FM)(LSE:FQM) is pleased to announce the appointment of Mr. Martin Schady to its Board of Directors effective immediately.
Mr. Schady is a senior mining executive with considerable Finance and Business Development experience. He is currently a Partner in Magris Resources, a Canada-based private equity company that recently acquired the Niobec niobium mine in Quebec, Canada in partnership with CEF Holdings Ltd and Temasek. In the past 25 years of his career, which spanned the most challenging commodities market, Mr. Schady worked at some of the world's leading metals and mining companies including Noranda Inc., Falconbridge Limited, Xstrata, BHP Billiton and Barrick Gold Corporation. During this time, Martin was a key strategic player in several major acquisitions and divestitures.
Mr. Schady is a Chartered Accountant with Bachelor of Commerce and Business Science degrees from the University of Cape Town.
'We are very pleased to have Martin join our team. His wealth of experience and knowledge of the mining industry will be of great value to the Company especially as we navigate through this period of market volatility.
The Company also announces the resignation, with immediate effect, of Michael Hanley from its Board of Directors. Mr. Hanley has served as a non-executive independent director since December 10, 2012.
'Our sincere thanks to Michael who made a valuable contribution to the Company's strategy and direction during his tenure with us,' commented Philip Pascall, Chairman and CEO.
On Behalf of the Board of Directors of First Quantum Minerals Ltd.
G. Clive Newall, President
12g3-2b-82-4461
Listed in Standard and Poor's
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First Quantum Minerals Ltd.
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PRODUCER |
CODE : FM.TO |
ISIN : CA3359341052 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Quantum is a copper producing company based in Canada. First Quantum produces copper, cobalt and gold in Congo Dem. Rep. of, in Mauritania and in Zambia, develops cobalt, copper and nickel in Congo Dem. Rep. of and in Zambia, and holds various exploration projects in Congo Dem. Rep. of and in Peru. Its main assets in production are BWANA MKUBWA, KANSANSHI and MOPANI in Zambia, FRONTIER and KOLWEZI in Congo Dem. Rep. of and GUELB MOGHREIN in Mauritania, its main assets in development are KOLWESI MUSONOI in Congo Dem. Rep. of and KALUMBILA in Zambia and its main exploration properties are KEVITSA and KEVISTA in Finland, HAQUIRA EAST and CRISTO DE LOS ANDES in Peru and KIPUSHI in Congo Dem. Rep. of. First Quantum is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 10.0 billions as of today (US$ 8.0 billions, € 7.0 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.38, and its highest recent level on March 28, 2024 at CA$ 14.56. First Quantum has 689 369 984 shares outstanding. |