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Australian mining sector struggles as commodity exports forecast to drop by nearly 7%.
Australian mining faces challenges as commodity exports are forecasted to drop by almost 7% due to stable prices and higher global supply.
Meanwhile, Alvo Minerals is acquiring a Brazilian gold project for $1 million, while Adriatic Metals faces delays in Bosnia due to access issues.
Gold prices are rising, benefiting small mining companies, and Nippon Steel plans a significant investment in US Steel, impacting the global steel market.
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El sector minero australiano lucha a medida que las exportaciones de productos básicos proyectan una caída de casi un 7%.