Mining CEO pay ratio
SEC EDGAR DEF 14A benchmarks for SIC 10. Highest in-industry ratio on this page: NEWMONT Corp /DE/ at 187:1.
- Median pay ratio
- 83:1
- Average pay ratio
- 88:1
- Median CEO pay
- $6.4M
- Companies tracked
- 9
Data updated August 2026
Answer first
Mining sits at #45 of 63 SIC-2 industries by median CEO-to-worker pay ratio and #46 of 63 by median CEO pay - ratio rank is not dollar rank (9 FY2025 filers, median 83:1 / $6.4M).
Placement uses the same latest-fiscal-year-per-SIC medians as the Industries directory. Median-ratio rank #45 of 63 is not median-CEO-pay rank #46 of 63. Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. Inside this SIC, NEWMONT Corp /DE/ currently leads the in-page company list at 187:1.
- Median ratio
- 83:1
- #45 of 63 SIC-2 industries
- Median CEO pay
- $6.4M
- #46 of 63 by median dollars
- Filers
- 9
- FY2025 SIC 10
Ratio bands inside Mining
Exclusive CEO-to-median-worker bands across 9 complete FY2025 filings in SIC 10. Segments sum to the in-industry set, not the leader bars below.
Mining vs all SIC-2 industries
Unique-issuer pay ratios in this SIC as bars , plus live COUNT placement #45 of 63 industries by median CEO-to-worker pay ratio (30th percentile) . Corpus complete-filing median is 87:1; this industry's median is 83:1.
Filing-year trail · SIC 10
Same SIC-2 industry_benchmarks extract across FY2021–2025: median CEO-to-worker pay ratio, median CEO dollars, and filer count per fiscal year. Year-over-year deltas compare adjacent filing years only; they are not inflation-adjusted and do not invent missing years.
- Latest median ratio
- 83:1
- FY2025
- vs prior FY
- +34:1
- from FY2024 49:1
- Median CEO $ YoY
- +218%
- $6.4M latest
- Filer count YoY
- 0
- 9 in FY2025
| FY | Median ratio | Δ ratio | Median CEO pay | Δ pay | Filers |
|---|---|---|---|---|---|
| 2021 | 25:1 | - | $1.6M | - | 9 |
| 2022 | 24:1 | -1:1 | $894K | -45% | 9 |
| 2023 | 33:1 | +8.5:1 | $2.0M | +126% | 10 |
| 2024 | 49:1 | +17:1 | $2.0M | -1% | 9 |
| 2025 | 83:1 | +34:1 | $6.4M | +218% | 9 |
Source: PlainCEOPay industry_benchmarks for SIC 10 (Mining), FY2021–2025. Each row is one fiscal-year cohort median, not a company-level panel.
Lower-third median CEO pay
Mining in the lower-ratio third
Mining median CEO pay $6.4M sits in the bottom third of SIC-2 industries (#46 of 63 by dollars). Mining (SIC 10) posts a lower-third median CEO-to-worker pay ratio of 83:1 across 9 FY2025 SEC filers.
Even in the lower-ratio third, the 25th percentile CEO earned $2.2M while the 75th earned $14.8M. When the average (88:1) and median (83:1) stay close, pay practices look more uniform across the sector.
Below: each of the 15 Mining companies PlainCEOPay tracks in this SIC , with CEO total compensation, median worker pay, and pay ratios. Company pages compare each filing to this industry median. Figures are from SEC EDGAR filings - not estimates.
According to the U.S. Securities and Exchange Commission's EDGAR database, PlainCEOPay's August 2026 refresh processed 2,456 public companies with 1,423 complete FY2025 DEF 14A proxy filings (fiscal years 2021 through 2025) under Item 402(u) of Regulation S-K. See our methodology for parsing rules.
Companies in Mining (15 )
| # | Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|---|
| 1 | NEWMONT Corp /DE/ SEC EDGAR DEF 14A, CIK 1164727 | $15.7M | $84K | 187:1 | 2025 |
| 2 | Cleveland-cliffs Inc. SEC EDGAR DEF 14A, CIK 764065 | $122K | $122K | 156:1 | 2025 |
| 3 | Freeport-mcmoran Inc SEC EDGAR DEF 14A, CIK 831259 | $14.8M | $116K | 128:1 | 2025 |
| 4 | Uranium Energy Corp SEC EDGAR DEF 14A, CIK 1334933 | $6.4M | $68K | 93:1 | 2025 |
| 5 | Gold Resource Corp Latest filing FY2021 SEC EDGAR DEF 14A, CIK 1160791 | $1.6M | $19K | 85:1 | 2021 |
| 6 | Coeur Mining, Inc. SEC EDGAR DEF 14A, CIK 215466 | $6.6M | $80K | 83:1 | 2025 |
| 7 | Ivanhoe Electric Inc. SEC EDGAR DEF 14A, CIK 1879016 | $2.2M | $41K | 53:1 | 2025 |
| 8 | Southern Copper Corp/ SEC EDGAR DEF 14A, CIK 1001838 | $2.3M | $47K | 49:1 | 2025 |
| 9 | Novagold Resources Inc SEC EDGAR DEF 14A, CIK 1173420 | $19.3M | $419K | 46:1 | 2025 |
| 10 | enCore Energy Corp. Latest filing FY2024 SEC EDGAR DEF 14A, CIK 1500881 | $1.1M | $55K | 20:1 | 2024 |
| 11 | Ur-energy Inc Latest filing FY2023 SEC EDGAR DEF 14A, CIK 1375205 | $1.1M | $75K | 15:1 | 2023 |
| 12 | Texas Mineral Resources Corp. Latest filing FY2023 SEC EDGAR DEF 14A, CIK 1445942 | $120K | $60K | 2:1 | 2023 |
| 13 | McEwen Inc. SEC EDGAR DEF 14A, CIK 314203 | $777K | $78K | 1:1 | 2025 |
| 14 | Solitario Resources Corp. Latest filing FY2021 SEC EDGAR DEF 14A, CIK 917225 | $147K | $147K | 1:1 | 2021 |
| 15 | Idaho Strategic Resources, Inc. Latest filing FY2023 SEC EDGAR DEF 14A, CIK 1030192 | $100K | $100K | 1:1 | 2023 |
Latest filing: 6 of the 15 issuers above have no FY2025 filing on file, so their row shows their newest earlier year (see the FY column). They are ranked here beside FY2025 filers and each carries the marker; the Mining benchmark and the lead figures on this page use FY2025 filers only.
Mining median CEO pay $6.4M sits in the bottom third of SIC-2 industries (#46 of 63 by dollars). Open NEWMONT Corp /DE/ for the in-SIC filing next to this median, or compare every SIC on the Industries directory.
Read our methodology - how this data is sourced, computed, and verified.