Gascoyne Resources power provider Zenith Energy has estimated the gold miner’s collapse could shave up to $2 million off its annual earnings.

WA and Malaysian Government officials are due to meet later this month, with the plan for Lynas Corp’s controversial rare earths waste storage likely to be at the top of the agenda.

Sentiment in the junior mining space has reached “peak despondency” and could be ripe for a turning point, according to a respected fund manager.

Shares in NRW Holdings have slumped more than 10 per cent as investors weigh up the impact of the contractor’s exposure to collapsed gold miner Gascoyne Resources.

WA’s big mining companies are being urged to join a drive to stop suicide among fly-in, fly-out workers, who are more at risk of mental illness than the rest of the population. 

Macmahon Holdings is in talks with the owners of GBF to acquire the underground mining specialist, a deal which would widen its exposure to the gold sector.

Malaysia has eased the uncertainty around Lynas Corp’s rare earths processing plant on the country’s east coast by giving the go-ahead for operations to continue beyond September.

Shareholders of Gascoyne Resources are set for a nail-biting weekend as the embattled gold miner prepares to update the market on production forecasts from its troubled Dalgaranga project.

Juniors are reaping the benefits from mining majors rushing back into greenfields exploration as they desperately look for new discoveries to restock their depleting production pipelines, Encounter Resources boss Will Robinson says.

Premier Mark McGowan has warned that States such as WA could go it alone on climate policy unless the Morrison Government comes up with a workable national approach to reducing greenhouse gasses and supply certainty to investors.

West Australian workers look like missing out on thousands of new jobs that are being set aside for a new wave of overseas tradesmen.