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...Freeport-McMoRan on Monday outlined plans to sell its largest African copper mine to China Molybdenum for $2.65bn, in the US mining company’s most decisive step so far to reduce its $20bn debt load....
...Sumitomo already owns 15 per cent of Morenci and the deal will cut Freeport’s stake to 72 per cent....
...But the courts are also scrutinising other types of alleged misbehaviour Earlier this year Credit Suisse paid a $16m settlement to settle charges over its work for mining group Freeport-McMoRan....
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