Webpack + Static file server

Loader.jsx

import React from 'react';

import loadingGif from 'assets/load.gif';

export default function Loader() {
    return (
        <div className='loading'>
            <img
                alt={'Loading'}
                src={loadingGif}
            />
        </div>
    );
}

webpack.config.js

const path = require('path');

module.exports = {
    entry: [
        './src/index.jsx',
    ],
    resolve: {
        alias: {
            assets: path.resolve(__dirname, '../assets'),
        },
        modules: [
            path.resolve(__dirname, 'src'),
            'node_modules',
        ],
        extensions: ['*', '.js', '.jsx', '.json', '.scss'],
    },
    module: {
        rules: [
            // Other rules... 
            {
                test: /.(bmp|gif|jpe?g|png|svg)$/,
                exclude: /node_modules/,
                use: [
                    {
                        loader: 'file-loader',
                        options: {

                                // For assets, only emit the file URL
                                // as the static files are served from the server.
                                emitFile: false,
                                name: '[name].[ext]',
                                publicPath: '/static/',
                            },
                        },
                    ],
            },
        ],
    },
    output: {
        path: path.join(__dirname, '/dist'),
        publicPath: '/',
        filename: 'main.js',
    },
    devtool: 'source-map',
    performance: {
        hints: 'warning',
    },
    target: 'web',
};