Metalliferous Mining

Remuneration Surveys - Gold & General (Metalliferous) Mining - Australia

The Australasian Gold & General Mining Industry Remuneration Report has been published biannually since July 1988. The last Australasian Gold & General Mining Industry Remuneration Report was published in April 2010 - 133 companies (an increase of 14 per cent over April 2009) managing 162 mining operations participated. It covers 169 positions from Chairman of the Board, through corporate & site management to operators & support personnel.

The report included a special feature analysing salary review budgets & actual remuneration increases for all survey roles over the past 6 and the past 12 months.

The purpose of the Report is to provide the Directors, Remuneration Committees and Executive Management of participating organisations with factual data and reliable analyses of the remuneration of key personnel. The report focuses on metalliferous and other mining including Gold, Base Metals, PG metals, Cobalt / Nickel, Uranium & Salt mining operations. It analyses the impact of factors such as operation size, gross revenue, operating budgets, working hours and shift patterns on remuneration and identifies emerging remuneration trends in the mining and resources industry.

The survey is the largest and most comprehensive in the Australian mining industry.

Scope of the Survey

Set out below is a summary of the scope of the Australasian Gold & General Mining Industry Remuneration Report:

  • it covers Executive and Corporate as well as operations staff and traditional “award” positions;
  • it covers the gold and metalliferous mining industry;
  • it reports on Base Salary, Total Fixed Remuneration (including the value of benefits such as motor vehicles & superannuation) and Total Variable Remuneration (showing the impact of incentives);
  • for executive roles, it investigates the value of share option & other long term incentives;
  • it measures market movements during the past 6 and 12 months for matched samples of companies for each position; and,
  • it provides a detailed analysis of practices in respect of incentives and benefits.

Sample Organisation Chart

Participating Organisations

The following 133 organisations participated in the April 2010 Survey:

  • Abra Mining Limited
  • Adamus Resources Limited
  • Aditya Birla Minerals Limited
  • Admiralty Resources NL
  • Alkane Resources Limited
  • AMEC Minproc Pty Ltd
  • Anglo American Exploration (Australia) Pty Ltd
  • AngloGold Ashanti Australasia Limited
  • Anvil Mining Limited
  • API Management Pty Ltd
  • Arafura Resources Limited
  • Atlas Iron Limited
  • Aurox Resources Limited
  • Australasian Resources Limited
  • Avoca Resources Limited
  • Barminco Limited
  • Barrick Gold of Australia Ltd
  • Bass Metals Limited
  • BCD Resources NL
  • Bendigo Mining Limited
  • BGC Contracting Pty Ltd
  • BHP Billiton Iron Ore
  • BHP Billiton Minerals Exploration
  • BHP Billiton Uranium & Olympic Dam Development
  • Boart Longyear Limited
  • Brandrill Limited
  • Byrnecut Mining Pty Ltd
  • Cameco Australia Pty Ltd
  • Cape Lambert Resources Limited
  • Castlemaine Goldfields Limited
  • CBH Resources Limited
  • CGA Mining Limited
  • CITIC Pacific Mining Management Pty Ltd
  • Cliffs Natural Resources Pty Ltd
  • Cobar Management Pty Ltd
  • Consolidated Minerals Limited
  • Copper Mines of Tasmania Pty Ltd
  • Crescent Gold Limited
  • Crocodile Gold Australia Pty Ltd
  • Crosslands Resources Limited
  • Dioro Exploration NL
  • Downer EDI Mining
  • Energy and Minerals Australia Ltd
  • Extract Resources Limited
  • Flinders Mines Limited
  • Focus Minerals Limited
  • Fortescue Metals Group Limited
  • Galaxy Resources Limited
  • Gindalbie Metals Limited
  • Glengarry Resources Limited
  • Gold Fields Australia Pty Ltd
  • Golden West Resources Limited
  • Goldsearch Limited
  • Grange Resources Limited
  • G-Resources Group Limited
  • Harmony SE Asia
  • Heathgate Resources Pty Ltd
  • Heron Resources Limited
  • Hillgrove Resources Limited
  • HNC (Australia) Resources Pty Ltd
  • HWE Mining Pty Limited
  • Incitec Pivot Limited
  • Independence Group NL
  • Intec Limited
  • Intrepid Mines Limited
  • Ivanhoe Australia Limited
  • Jupiter Mines Limited
  • Kagara Ltd
  • Kalgoorlie Consolidated Gold Mines
  • Karara Mining Limited
  • Kimberley Diamond Company
  • Kingsgate Consolidated Limited
  • La Mancha Resources Australia Pty Ltd
  • Macmahon Holdings Limited
  • Magellan Metals Pty Ltd
  • Marengo Mining Limited
  • Mega Uranium Ltd
  • Millennium Minerals Limited
  • Minara Resources Limited
  • Mincor Resources NL
  • Minerals and Metals Group
  • Minotaur Exploration Limited
  • Moly Mines Limited
  • Mount Gibson Iron Limited
  • Murchison Metals Limited
  • Nautilus Minerals Inc
  • Navigator Resources Limited
  • Newcrest Mining Limited
  • Newmont Asia Pacific
  • Ngarda Civil & Mining Pty Limited
  • Nickel West
  • North Queensland Metals Limited
  • Norton Gold Fields Limited
  • OceanaGold Corporation
  • Ok Tedi Mining Limited
  • OM (Manganese) Limited
  • OZ Minerals Limited
  • Paddington Gold Mine Pty Ltd
  • Paladin Energy Limited
  • PanAust Limited
  • Peak Gold Mines Pty Limited
  • Perilya Limited
  • Perseverance Corporation Limited
  • Pilbara Iron Pty Limited
  • Platinum Australia Limited
  • Pybar Mining Services Pty Ltd
  • QER Pty Ltd
  • Redpath Mining Pty Ltd
  • Resolute Mining Limited
  • Rex Minerals Limited
  • Rio Tinto Limited
  • Rusina Mining NL
  • Saracen Mineral Holdings Limited
  • Shark Bay Resources Pty Ltd
  • Sinosteel Midwest Corporation Limited
  • Sphere Minerals Limited
  • St Barbara Limited
  • Straits Resources Limited
  • Sundance Resources Limited
  • Talison Minerals Pty Ltd
  • Teck Cominco Australia Pty Ltd
  • Terramin Australia Limited
  • Territory Resources Limited
  • Tiwest Joint Venture Pty Ltd
  • Toro Energy Limited
  • Troy Resources NL
  • Unimin Australia Limited
  • Uranex N.L.
  • Uranium One Australia Pty Ltd
  • Worsley Alumina Pty Ltd
  • Xstrata Copper
  • Xstrata Zinc
  • YTC Resources Limited