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EVN — Evolution Mining News Story

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Australian gold stocks slip as bullion weakens

BUZZ-Australian gold stocks slip as bullion weakens

** Australian gold stocks .AXGD fall as much as 3.4%, biggest intraday pct drop since May 20

** Sub-index falls after bullion drops, pressured by expectations of tighter monetary policy to fend off rising inflation and no clear sign of US-Iran peace talks GOL/

** Gold miners Northern Star Resources NST.AX and Evolution Mining EVN.AX fall 3.1% and 3% respectively

** YTD, AXGD down 13.7%


(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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