There were 2,144 press releases posted in the last 24 hours and 347,227 in the last 365 days.

First Quantum Minerals Reports Strike Action at its Cayeli Mine


/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 11/03/15 -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM) today reported that collective bargaining between the Company's wholly-owned subsidiary Cayeli 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 Cayeli 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 of First Quantum Minerals Ltd.

G. Clive Newall, President

12g3-2b-82-4461

Listed in Standard and Poor's

Contacts:
North American contact:
Sharon Loung
Director, Investor Relations
(647) 346-3934 or Toll Free: 1 (888) 688-6577
(604) 688-3818 (FAX)
sharon.loung@fqml.com

United Kingdom contact:
Clive Newall
President
+44 140 327 3484
+44 140 327 3494 (FAX)
clive.newall@fqml.com
www.first-quantum.com


Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.