First Quantum Minerals is deeply saddened to announce the passing of one
of its founders and Chairman, Philip Pascall, on September 19, 2023.
Philip passed away peacefully at home in Perth, Western Australia.
Philip co-founded First Quantum in 1996, serving as the Chairman since
its inception and Chief Executive Officer until 2022. Under his
leadership, Philip instilled an entrepreneurial and bold culture that
saw the Company grow from a 10,000 tonnes tailings re-processor with the
Bwana Mkubwa project in Zambia to one of the world’s largest
copper producers with operations spanning five continents and employing
more than 20,000 people globally. Amongst the many legacies he leaves
behind, the greatest source of Philip’s pride were the many
programs for the local communities in which First Quantum Minerals
operates, bringing improved standards of health and education in often
remote places.
“On behalf of the Board of Directors, we extend our sincerest
condolences to the Pascall family and friends,” said Robert
Harding, Interim Chairman. “We are all indebted to Phillip for his
extraordinary leadership at First Quantum, setting us firmly on the path
to the modern, multi-national mining company that we are today. Philip
was a friend and mentor and his passing will be profoundly felt across
the Company and the many people and lives he impacted as a result of his
vision.”
“Whilst this is an enormous loss for all of us at First Quantum,
Philip would not want us to dwell too long on his passing. He was always
looking forward and was excited by the trajectory of the Company,”
said Tristan Pascall, Chief Executive Officer of First
Quantum. “Philip drove First Quantum’s focus on project
execution, operational excellence and social responsibility and we
intend to continue to build on his substantial legacy.”