| First Quantum Minerals Reports a Failure in the Atmospheric Leach Tank at Its Ravensthorpe Nickel Operation | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 15, 2014) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today reported that a structural failure has occurred to the atmospheric leach tank at its Ravensthorpe nickel operation in Western Australia.
The tank, situated after the autoclaves in the circuit, contained acid-leaching nickel in slurry. The spill, resulting from the failure, has been contained within the plant's protective bunded area. All personnel have been accounted for and no injuries have been reported. The plant is currently shut down and, on the basis of information received to date, no adverse environmental effects are anticipated. Investigations to determine the cause are being undertaken.
At this point, the Company is unable to provide estimates on the length of the shutdown or the impact on the operation's production.
Further updates will be provided as information becomes available.
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
For further information visit our website at www.first-quantum.com
Contact Information:
First Quantum Minerals Ltd. - North American contact:
Sharon Loung
Director, Investor Relations
(647) 346-3934
(604) 688-3818 (FAX)
Toll Free: 1 (888) 688-6577
[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
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First Quantum Minerals Ltd.
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PRODUCER |
CODE : FM.TO |
ISIN : CA3359341052 |
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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 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 KALUMBILA in Zambia and KOLWESI MUSONOI in Congo Dem. Rep. of and its main exploration properties are KEVITSA and KEVISTA in Finland, KIPUSHI in Congo Dem. Rep. of and HAQUIRA EAST and CRISTO DE LOS ANDES in Peru. First Quantum is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 12.6 billions as of today (US$ 9.2 billions, € 8.6 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.38, and its highest recent level on April 26, 2024 at CA$ 18.27. First Quantum has 689 369 984 shares outstanding. |