The German steelmaking group expects to post a significant decline in adjusted first-quarter operating profit, dragged down by business in the Americas and a slowing global economy.
The miner is expecting to reduce production this year to adapt to a slight fall in global metals demand, but does not see a slump into another global economic crisis.
Marketing groups see ageing professionals as a major problem not just for Australia's resources sector but also for the global mining community as a whole.
Exeter Resource has published results of a positive pre-feasibility study on its massive Caspiche gold-silver-copper project in Chile's Maricunga region.
The Polish finance ministry reported Tuesday that the government has approved a controversial mining tax, which is planned to raise $518.6 million for state coffers this year.
Gold was up 1.1% at $1,662.40/oz on Tuesday, its highest climb in five weeks, as German economic data boosted the euro and stocks and commodities were lifted by Chinese trade data.
