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Lunch Report: Aussie market weighed down by mining losses

The Aussie market has turned negative at lunch following a strong open. The ASX 200 is being weighed by losses for major miners following a 6.1% drop in iron ore prices while the big 4 banks also trade in the red.

The Aussie market has turned negative at lunch following a strong open. The ASX 200 is being weighed by losses for major miners following a 6.1% drop in iron ore prices while the big 4 banks also trade in the red.

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