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Australian Market Significantly Lower

Australian shares are trading significantly lower on Wednesday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 falling to stay a tad above the 7,700 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by mining and financial stocks.
Schleswig Holstein United States Fisher Paykel Commonwealth Bank Woodside Energy Rio Tinto

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AngloGold inks Tanzania farm-in deal with EcoGraf

Gold mining company AngloGold Ashanti has signed a $9-million, five-year farm-in agreement with ASX-listed junior EcoGraf for the exploration of gold at the Golden Eagle project, in Tanzania. Located on the easter-margin of the Archean Lake Victoria goldfields, the Golden Eagle project is in the same structural corridor as the historical 3.4-million-ounce Golden Pride mine that Resolute Mining operated.
Lake Victoria Tanzania General Anglogold Ashanti Golden Eagle Archean Lake Victoria Golden Pride

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