Looks like this has been finally fixed by this commit here:
http://git.qemu.org/?p=qemu.git;a=commitdiff;h=7f81dbb9a0e89b53
** Changed in: qemu
Status: New => Fix Released
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** Patch added: Patch to mips_malta.c
https://bugs.launchpad.net/bugs/842290/+attachment/2359348/+files/malta.patch
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https://bugs.launchpad.net/bugs/842290
Title:
MIPS Malta