ENERGY MINERALS

Canada's Teck lifts debt buy offer

Canadian diversified miner Teck has increased its cash tender offer for up to US$500 million of its debt securities to US$650 million.

Teck ploughs through debt

Teck ploughs through debt

The cash offer is part of the firm's plans to reduce its US$7.6 billion of debt and follows strong flows from the company's coal, zinc and copper operations. The announced debt reduction initiatives...

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