Gold miners see silver lining in big lithium and nickel layoffs

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The downturn in West Australian lithium and nickel has shuttered mines and slashed the market capitalisation of ASX-listed producers. But there has been an unexpected beneficiary: gold miners.

The availability of miners who had worked for critical minerals producers looking for work in a historically tight labour market has come at the same time as a surge in demand for the precious metal, making it easier for big gold developments to recruit staff and increase supply.

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