(Bloomberg) -- First Quantum Minerals Ltd. shares surged as much as 11% after it agreed to sell $1 billion in stock and raise $1.6 billion from a notes offering to strengthen its balance sheet after Panama closed the company’s flagship copper mine.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Stocks Around the World Are Swept Up in AI Rally: Markets WrapShe Was Set to Break Goldman’s Glass Ceiling.