Update on Legal Proceedings Against the Democratic Republic of Congo
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/01/10 -- (All figures expressed in US dollars, unless otherwise noted)
First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX: FM)(LSE: FQM) announced today that its subsidiaries International Quantum Resources Limited, Frontier SPRL ('Frontier') and Compagnie Miniere de Sakania SPRL ('Comisa') have commenced international arbitration under the facilities of the International Centre for Settlement of Investment Disputes ('ICSID') in Washington, United States of America against the Democratic Republic of Congo ('DRC').
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