News Wrap

IN THIS morning’s News Wrap: Tesoro drafts in PAC Partners for raising; Canadians filling the gap as China spurns our coal, says Glasenberg; and Vales Point says pollution breaches reflect dirty Lake Macquarie water.

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Tesoro drafts in PAC Partners for raising.

Tesoro drafts in PAC Partners for raising

ASX-listed gold play Tesoro Resources is launching into the third last week of the year with a capital raising to fund drilling activities at its Chilean