Posts Tagged ‘CostMine’


Just published by CostMine is the 2014 Survey Results – Canadian Mine Salaries, Wages and Benefits.  I will survey some of the data in this and future postings.  First a look at average Canadian Mine wages (In Canadian dollars):

Surface mines

  • Electrician  = 37.84
  • Mechanic = 37.08
  • Surface drill operator = 38.06
  • Heavy equipment operator = 34.74
  • Laborer = 27.95

Underground Mines

  • Electrician = 38.83
  • Mechanic = 37.3
  • Miner = 33.89
  • Underground drill operator = 34.26
  • Underground laborer = 27.18

The range of wages is large.  Consider the range for Mill Operators:

  • Mill equipment operator = 24.57 to 58.46 with an average of 35.60
  • Mill laborer = 19.65 to 42.25 with an average of 29.45

And wages vary across the country. Here are averages for eastern versus western surface mine folk”

  • Electrician = 32.80 vs 40.74
  • Mechanic = 32.42 vs 39.81
  • Dragline operator = 33.27 vs 39.14
  • Laborer = 24.74 vs 29.55

Wages have gone up in the past 12 months.  For example, of the 22 eastern mines reporting wages went up 2.9% and of the 27 western mines reporting, wages went up 3.1%.

Good new really.

The report is chock-full of data.  The above is a snapshot.  I will write about this report and salaries etc. in future blog postings.  Meanwhile go to CostMine to purchase a copy for all the data.

Read Full Post »


Just received from CostMine their new publications 2014 Survey Results International Compensation Guidelines for Mining Exploration. Amazing numbers. I could not is a simple blog tell all. There is only one solution if you are a mining exploration person or employ such persons and wish to determine if compensation is fair and adequate: but a copy of the full report. (more…)

Read Full Post »


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…)

Read Full Post »


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…)

Read Full Post »


A week ago I received this email from a student: (more…)

Read Full Post »


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…)

Read Full Post »


In previous postings I ve written about salaries and executive compensation as gleaned from the CostMine 2013 Survey Results Canadian Mine Salaries, Wages and Benefits.  Here are some wages at Canadian mines as reported in the 2013 Survey.  (more…)

Read Full Post »


More from the CostMine 2013 Survey of Canadian Mine Salaries, Wages and Benefits.  This time we look at the annual salaries (in thousands of Canadian $) for mainly engineering types in Canadian mines.   Some country-wide averages:


Read Full Post »


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…)

Read Full Post »


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.

Read Full Post »

Older Posts »


Get every new post delivered to your Inbox.

Join 485 other followers