First Quantum chairman Pascall passes away
Toronto-listed First Quantum Minerals on Tuesday announced that Philip Pascall had passed away.
He died at his home in Perth, Western Australia.
Pascall co-founded First Quantum in 1996, serving as the chairperson since its inception and CEO until 2022.
Under his leadership, an entrepreneurial and bold culture was instilled that saw the company grow from a 10 000 t tailings re-processor with the Bwana Mkubwa project in Zambia to one of the world’s biggest copper producers with operations spanning five continents and employing more than 20 000 people globally.
Lead independent director Robert Harding has been elected interim chairperson.
“On behalf of the board of directors, we extend our sincerest condolences to the Pascall family and friends,” said Harding.
“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 First Quantum CEO Tristan Pascall.
“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.”
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