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Peak profit warning from Goldman Sachs as costs bite and jobs go

Commodity prices might edge higher this year but rising costs and increased merger and acquisition (M&A) activity means that the current reporting season could be the peak in the cycle for mining sector profits and dividends, according to Goldman Sachs. 

Peak profit warning from Goldman Sachs as costs bite and jobs go Peak profit warning from Goldman Sachs as costs bite and jobs go Peak profit warning from Goldman Sachs as costs bite and jobs go Peak profit warning from Goldman Sachs as costs bite and jobs go Peak profit warning from Goldman Sachs as costs bite and jobs go

That warning was contained in a preview of December 31 profits by the investment bank of leading Australian listed miners, including BHP and Rio Tinto.

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