Australian gold mining stocks lose ground
Post by Melissa Pistilli, Gold Reporter
Gold miners were down significantly in morning trade. Newcrest Mining slumped 4.38 %to $20.08, Newmont Mining was 19 cents down to $3.79 and Lihir Gold shed 13 cents to $1.86. Spot gold in Sydney was at $US713 an ounce, down $US23.80 on yesterday’s local close.
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