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First Quantum Sells $1 Billion in Stock in Refinancing

(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.

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Today s news: Trending business stories for February 22, 2024

The Financial Post brings you the top business stories as they happen for February 22, 2024. Read on for breaking news you need to know.

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First Quantum Signs $500 Million Copper Deal With a Top Investor

First Quantum Signs $500 Million Copper Deal With a Top Investor
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First Quantum signs US$500 million copper deal with investor

First Quantum signs US$500 million copper deal with investor
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

British columbiaTristan pascallLaurentino cortizoInternational courtSupreme courtFirst quantum minerals ltdJiangxi copper coFirst quantum mineralsCobre panamaFirst quantumChief executive officer tristan pascallJiangxi copper

First Quantum Signs $500 Million Copper Deal With Investor

(Bloomberg) First Quantum Minerals Ltd. is seeking $20 billion from Panama in a free trade arbitration case after the Central American nation shut down the company’s flagship copper mine late last year.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseCapital One to Buy Discover for $35 Billion in Top 2024 DealUS Tells Allies Russia May Launch Anti-Satell

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