ENERGY

Chevron to Sell Stake in Chile Copper Mine: Chevron Corp. said it will sell its one-third stake in the Collahuasi copper district joint venture in Chile to Minorco for $190 million. The oil giant said the agreement with the Luxembourg mining company is part of an effort to get out of the minerals business to focus on its core business. Chevron said it expects a “sizable gain” on the transaction, which is expected to close during the fourth quarter. The San Francisco-based company recently agreed to sell its interest in a zinc deposit in Ireland to LAC Minerals of Toronto for $70 million. Chevron’s sole remaining non-coal mineral asset is a half-ownership interest in a platinum and palladium mine located in Montana.