First Quantum Minerals Mourns the Passing of Founder and Chairman Philip Pascall

First Quantum Minerals Ltd. is deeply saddened to announce the passing of its founder and Chairman, Philip Pascall, on September 19, 2023. Philip co-founded the company in 1996 and served as Chairman until his passing. He played a pivotal role in First Quantum’s growth from a small tailings re-processor in Zambia to one of the world’s largest copper producers with operations across five continents.

Philip was known for his entrepreneurial spirit and bold leadership style, which fostered a culture of innovation and growth within the company. He was particularly proud of the social programs implemented by First Quantum in the local communities where it operates, which aimed to improve health and education standards in remote areas.

Following Philip’s passing, the Board of Directors has elected Robert Harding, Lead Independent Director, as the Company’s Interim Chairman. Mr. Harding has been a Director of the company since 2013 and has a deep understanding of its operations and culture. He played a key role in the succession planning process that led to the appointment of Tristan Pascall as Chief Executive Officer in May 2022.

The passing of Philip Pascall is a significant loss to First Quantum Minerals and the mining industry as a whole. He will be missed by his colleagues and the many lives he impacted through his vision and leadership. However, his legacy will continue to inspire the company as it moves forward. Tristan Pascall, Chief Executive Officer of First Quantum, expressed his commitment to building upon Philip’s substantial legacy, focusing on project execution, operational excellence, and social responsibility.

For more information, please visit the company’s website or contact Bonita To, Director of Investor Relations.

– First Quantum Minerals Ltd.
– Globe Newswire