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 October 2011 - 155 companies managing 200 mining operations participated. This sets a record for the number of participating organisations in the survey’s 24 year history.

The survey & report cover 210 positions from Chairman of the Board, through corporate & site management to operators & support personnel.

In the October 2011 edition, there is a new section providing salary ranges according to the type of roster worked plus new sections dealing with attraction & retention plan payments.

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 exploration, 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-based awards & other long term incentives;
  • for all positions, it reports on attraction & retention plan payments;
  • 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 (both actual & target) and benefits.

Sample Organisation Chart

Participating Organisations

The following 155 organisations participated in the October 2011Survey:

  • Adamus Resources Limited
  • Alacer Gold Corp.
  • Alkane Resources Limited
  • Allied Gold Limited
  • Altona Mining Limited
  • AMEC Minproc Pty Ltd
  • Anglo American Exploration (Australia) Pty Ltd
  • AngloGold Ashanti Australasia Limited
  • Anvil Mining Limited
  • API Management Pty Ltd
  • Atlantic Limited
  • Atlas Iron Limited
  • Ausdrill Limited
  • Avalon Minerals Limited
  • Barminco Limited
  • Barrick Gold of Australia Ltd
  • Bass Metals Limited
  • BC Iron Limited
  • BCD Resources NL
  • Beadell Resources Limited
  • BGC Contracting Pty Ltd
  • BHP Billiton Iron Ore
  • BHP Billiton Minerals Exploration
  • BHP Billiton Uranium & Olympic Dam Development
  • BHP Billiton Worsley Alumina Pty Ltd
  • Boart Longyear Limited
  • Brockman Resources Limited
  • Cameco Australia Pty Ltd
  • Castlemaine Goldfields Limited
  • Catalpa Resources Limited
  • CBH Resources Limited
  • Centaurus Metals Limited
  • CGA Mining Limited
  • CITIC Pacific Mining Management Pty Ltd
  • Cobar Management Pty Ltd
  • Conquest Mining Limited
  • Consolidated Minerals Limited
  • Copper Mines of Tasmania Pty Ltd
  • Cortona Resources Limited
  • Coventry Resources Limited
  • Crescent Gold Limited
  • Crosslands Resources Limited
  • Crusader Resources Limited
  • CST Mining Group Limited
  • Cummins South Pacific
  • Downer EDI Mining
  • Dragon Mining Limited
  • Energy and Minerals Australia Ltd
  • Extension Hill Pty Ltd
  • Finders Resources Limited
  • First Quantum Minerals (Australia) Pty Ltd
  • Flinders Mines Limited
  • Focus Minerals Limited
  • Fortescue Metals Group Limited
  • Galaxy Resources Limited
  • Gindalbie Metals Limited
  • Global Advanced Metals
  • Gold Fields Australia Pty Ltd
  • Golden West Resources Limited
  • Grange Resources Limited
  • G-Resources Group Limited
  • Gunson Resources Limited
  • Heathgate Resources Pty Ltd
  • Heron Resources Limited
  • Hillgrove Resources Limited
  • HWE Mining Pty Limited
  • Incitec Pivot Limited
  • Independence Group NL
  • Integra Mining Limited
  • Intrepid Mines Limited
  • Ivanhoe Australia Limited
  • JKTech Pty Ltd
  • Jupiter Mines Limited
  • Kagara Ltd
  • Kalgoorlie Consolidated Gold Mines
  • Karara Mining Limited
  • Kasbah Resources Limited
  • Kimberley Diamond Company
  • Kimberley Metals Limited
  • Kingsgate Consolidated Limited
  • Kula Gold Limited
  • La Mancha Resources Australia Pty Ltd
  • Lynas Corporation Limited
  • Macmahon Holdings Limited
  • Magellan Metals Pty Ltd
  • Marengo Mining Limited
  • Metminco Limited
  • Millennium Minerals Limited
  • Minara Resources Limited
  • Mincor Resources NL
  • Minerals and Metals Group
  • Minjar Gold Pty Ltd
  • Minotaur Exploration Limited
  • Mitsui Co (Aust) Ltd
  • Moly Mines Limited
  • Morning Star Gold NL
  • Mount Gibson Iron Limited
  • Mutiny Gold Limited
  • Nautilus Minerals Inc
  • Navigator Resources Limited
  • Newcrest Mining Limited
  • Newmont Asia Pacific
  • Ngarda Civil & Mining Pty Limited
  • Nickel West
  • Northern Star Resources Limited
  • Northgate Australian Ventures Corporation Pty Ltd
  • Norton Gold Fields Limited
  • NRW Holdings Limited
  • Oakajee Port & Rail Pty Ltd
  • OceanaGold Corporation
  • Ok Tedi Mining Limited
  • OM (Manganese) Limited
  • Orica Limited
  • OZ Minerals Limited
  • Paladin Energy Limited
  • PanAust Limited
  • Panoramic Resources Limited
  • Peak Gold Mines Pty Limited
  • Perilya Limited
  • Platinum Australia Limited
  • Pybar Mining Services Pty Ltd
  • QER Pty Ltd
  • Queensland Magnesia
  • Redpath Mining Pty Ltd
  • Reed Resources Limited
  • Resolute Mining Limited
  • Rex Minerals Limited
  • Rio Tinto Iron Ore
  • Rio Tinto Limited
  • Sandfire Resources N.L.
  • Saracen Mineral Holdings Limited
  • Sedgman Limited
  • Shark Bay Salt Pty Ltd
  • Sibelco Australia Limited
  • Sinosteel Midwest Corporation Limited
  • St Barbara Limited
  • Straits Resources Limited
  • Sundance Resources Limited
  • Talison Services Pty Ltd
  • Tanami Gold N.L.
  • Teck Australia Pty Ltd
  • Terramin Australia Limited
  • Territory Resources Limited
  • Thiess Pty Limited
  • Tiwest Joint Venture Pty Ltd
  • Toro Energy Limited
  • Troy Resources NL
  • Unity Mining Limited
  • Uranex N.L.
  • Uranium One Australia Pty Ltd
  • Watpac Limited
  • Western Areas NL
  • Xstrata Copper
  • Xstrata Nickel Australasia Pty Ltd
  • Xstrata Zinc