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Gold Mining stocks up 2.3 per cent amid mining tax hike

Gold Mining and the Mining Industry Association of Australia (MIAA) are reporting a gain of 2.33 per cent to $3.88 per share.Mining companies are also benefiting from a 5.2 per cent drop in the price of gold and a 2.8 per cent increase in the amount of cash they hold.Gemstone is down $1.10 to $2.47