Slide 1: Overview of Results Q1 2012
& FIRST QUANTUM MINERALS LTD. OVERVIEW OF RESULTS Qi 2012 MINERALS UD,
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION OVERVIEW OF RESULTS - Q1 2012 Both these slides and the accompanying oral presentation contain certain forward-looking statements and forward-looking information within the meaning of applicable securities laws. The forward looking statements include estimates, forecasts
Slide 3: Financial Overview
FINANCIAL OVERVIEW OVERVIEW OF RESULTS - Q1 2012 $m Q1 2012 Q1 2011 Q4 2011 Revenue 709 705 567 Gross Profit 270 440 183 Comparable Operating Profit 240 405 143 Comparable Earnings 119 207 79 Comparable EPS $0.25 $0.48 $0.17 Gain on claim settlement and sale of RDC assets 1,218 - - Net Earnings attr
Slide 4: Production & Sales
PRODUCTION & SALES OVERVIEW OF RESULTS - Q1 2012 Production Q1 2012 Q1 2011 Q4 2011 Copper (tonnes) 65,869 74,888 67,316 Nickel (tonnes) 8,573 - 5,666 Gold (ounces) 42,495 49,146 43,524 Sales Q1 2012 Q1 2011 Q4 2011 Copper (tonnes) 67,789 70,665 65,638 Nickel (tonnes) 5,332 - 1,388 Gold (ounces) 45,
Slide 5: Group Cash Flow and Capital Expenditure
GROUP CASH FLOW AND CAPITAL EXPENDITURE OVERVIEW OF RESULTS - Q1 2012 Cash flow Capital Expenditure $m $m Q1 2012 Project Stripping Other Total Opening cash at 1 January 452 Kansanshi 40 22 37 99 Guelb 10 10 Operating cashflow before tax 227 Ravensthorpe 36 7 43 Kevitsa 60 60 Tax paid (81) Sentinel
Slide 6: Appendix 1: Price
APPENDIX 1: PRICE OVERVIEW OF RESULTS - Q1 2012 Market Prices Average Market Price Q1 2012 Q1 2011 Q4 2011 Copper ($/lb) 3.77 4.38 3.40 Nickel ($/lb) 8.91 12.20 8.16 Gold ($/ounce) 1,691 1,385 1,686 LME price trend - Copper ($/lb) LME price trend - Nickel ($/lb) LMBA price trend - Gold ($/oz) 4.10 4