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Freeport's $2.7B sale of African copper mine hits snag

Frik Els | September 07, 2016 | 6:34 am Base Metals Precious Metals Africa Copper Gold 

Top publicly-held copper producer Freeport-McMoRan Copper & Gold (NYSE:FCX) in May announced the sale of its largest African copper mine to China Molybdenum (CMOC) for up to $2.65 billion. On Wednesday Reuters reported that the Democratic Republic of Congo's state-owned...

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