The heated legal battle between diversified miner Anglo American and its Chilean adversary Codelco, the world’s largest copper producer, has finally come to an end, as the parties announced that they’ve reached an agreement. The cash deal of over $2.8 billion, omitting land, reduces Anglo’s stake in its Anglo American Sur properties to 50.1%. The London-based miner and fellow shareholder Mitsubishi, will sell their joint 29.5% stake to Codelco and its financing partner Japan’s Mitsui & Co.