2022 Mining Labour Survey Reports

How Much Do You Make Running a Mine?

According to Costmine‘s  annual labour survey, the highest salary for a mining a CEO is an incredible ~$35 million USD in 2021.  Each year, Costmine surveys over 200 publicly-listed Canadian and US mining companies and broke down the size of company by market capitalization. 

The survey covers companies with a market capitalization from $25 million to $100 million, $100 million to $500 million, $500 million to $1 billion, and finally $1 billion plus companies. 

The $35-million dollar salary is an outlier in the industry as the average salary for CEO’s is around $7.8 million for issuers with a market cap above $1 billion, with even one CEO accepting $1. Next on the pecking order, is the vice president with a maximum total compensation $5.6 million and a minimum of $242,000. 

Below is an interactive chart where you can see the minimum, maximum and average. If you want the complete data you can check out the labour report here at this link.

Costmine has been surveying US mining companies for their wage and benefits since 1983. The report includes:

  • Managerial salary summaries
  • Wage scales by job title for hourly workers
  • Executive compensation
  • Benefit plan profiles
  • Incentive bonus plan descriptions
  • Workers compensation & unemployment tax rates

$2,700 USD

Online Access, 2022 Edition

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Contribute to our next series of reports by participating in our labour compensation surveys. Your input helps us stay current and accurate, and to show our appreciation we offer a range of incentives for participants.

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