NRW slides in fallout from gold miner's collapse

Mining services contractor NRW Holdings has emerged as one of the big losers in the collapse of gold miner Gascoyne Resources just weeks after it raised  $24.5 million from shareholders and creditors.

The NRW share price plummeted more than 13 per cent in early trading before recovering to $2.53  on Tuesday after the company revealed it was staring down the barrel of a $35 million hit in the fallout from Gascoyne calling in administrators.