After a turbulent 2013, industry groups hope Western Australia's mining industry will rebound

The WA Chamber of Minerals and Energy says it is hoping prices for key commodities, including iron ore and gold, will rebound this year.

The state's mining industry experienced a turbulent year with job losses, mine closures and cost pressures due to a downturn in the sector.

The price of gold plummeted in early 2013 and analysts have predicted it was unlikely to improve for some time.

But the Chamber's Bruce Campbell-Fraser said it was not all bad news.

"We're certainly still in a transition phase at the moment, particularly for our bulk commodities of iron ore and LNG," Mr Campbell-Fraser said.

"We've seen those expansion projects come to their natural conclusion, but that means we'll certainly be exporting more volumes and a greater return for the state government through royalties and the federal government through other taxes as well."

Mr Campbell-Fraser said government efforts to reduce bureaucratic red and green tape would also benefit the industry.