** Australian miners .AXMM fall as much as 2.7% to 5,445.9 pts, their biggest intraday pct loss since April 9

** Iron ore prices fell on Wednesday as hopes of more stimulus from top steelmaker China faded IRONORE/

** World's largest listed miner BHP BHP.AX drops 2.3%, while iron ore major Rio Tinto RIO.AX falls 2%

** Australian benchmark S&P/ASX 200 .AXJO down 0.5% meanwhile

** YTD, AXMM up 5.3%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))