I received the CostMine U.S. Metal & Industrial Minerals Mine Salaries, Wages & Benefits, 2013 Survey Results a month or two back. Now is time to get down to blog about some of the salaries. All figures are in thousands of US dollars per year. First some averages for all mines in the USA: (more…)
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I have just received an advanced copy of CostMine’s U.S. Metal & Industrial Mineral Mine Salaries, Wages & Benefits — 2013 Survey Results. You will be able to purchase the complete copy very soon from CostMine. In this and a few following postings, I will note salaries, wages, and compensation for U.S. mining people in 2012 and 2013. Let us start with wages. Here are the national average hourly wages, in US Dollars for 118 U.S. mines for some job categories: (more…)
Posted in About the news, Copper, Investing & Finance, People, tagged Chile, Copper, CostMine, InfoMine, investment, jan pfeifer, jennifer leinart, pascua lama, Supercycle, water on September 27, 2013 | 2 Comments »
Is the Supercycle over? I believe it is. But others think otherwise. Mining.com says:
Don’t sound the death knell just yet: The resource ‘supercycle’ may not be breathing its last breath. The resource sector’s period of sharp price rises and heightened volatility is “alive and well,” say analysts of the business and economics research arm of McKinsey & Company. “Rumors of the supercycle’s death are greatly exaggerated,” authors of the 2013 Trends Survey write. “Despite recent falls, commodity prices are still near their levels of early to mid-2008, just before the global financial crisis hit.” By historical standards, resource prices are still high – even as the global economy slowly pulls itself out of recession. (more…)
Here from the CostMine 2013 Survey Results Canadian Mine Salaries, Wages and Benefits are the 2012 incomes of some executives of Canadian junior mining companies. These numbers are not intended to inspire sympathy for those who run junior mining companies, regardless of the endless stream of bad news we read that such companies are on their knees, short of funds, going out of business, and in a generally bad shape. These are impressive incomes. So here a few: (more…)
Yesterday in the post just below this post, I bemoaned the fact that there is no general model or method out there to estimate the cost of mine tailings management. That issue remains valid today.
I have however, been informed that there is a cost model for gold heap leach pads. It is compiled by Fred A. Leonard. He currently provide service via his private consulting practice in Winnemucca, Nevada. Contact me for his phone number.
His model is generally available through CostMine.
Incidently, if you want to learn more about heap leach pad design, construction, operation, and closure go to the EduMine course at this link.
Or come to the conference later this year on heap leach pads. See this link.
It costs between $1 and $40 a ton to build, operate, and close a mine tailings facility. That is as specific as I was able to be when answering a question today in response to an enquiry from Australia. There is a surprising paucity of data out there on the cost of tailings management. We have details of salaries & wages. We know the compensation of mining company executives. We know how much it costs to engage and retain even the most expensive consultant. But we have no data-base on tailings costs. (more…)
Just arrived on my desk is the CostMine Mexican Mine Wages, Salaries & Benefits 2013 Survey Results. This sixty-two page document is chock-full of data on wages and salaries at Mexican mines. I recommend that you and your company or union get a copy and compare your income to the ranges and averages documented here. (more…)