Mining
Data updated July 2026
8 companies · FY2025
Reading the Mining CEO Pay Landscape (SIC 10, FY2025)
The Mining industry, classified under 2-digit SIC code 10, had 8 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2025. Across that set of firms, the median CEO-to-worker pay ratio was 73:1 and the average was 89:1. Median CEO total compensation in the sector was $10.6M, with the sector-wide average at $10.0M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.
Pay dispersion inside this industry is substantial. The 25th percentile CEO in Mining earned $2.3M, while the 75th percentile CEO earned $16.5M - a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. When the average and median ratios are close, as they are here, pay practices in the sector are relatively uniform and the median is a reliable representative value.
Below you can scan each of the 21 Mining companies PlainCEOPay currently tracks in this SIC group, with reported CEO total compensation, median worker pay, and individual pay ratios. Company pages show how each available filing compares with this industry benchmark. The current dataset does not include a CEO name or an itemized compensation breakdown for each company. All displayed figures are drawn from SEC EDGAR filings; they are not estimated, imputed, or projected.
Companies in Mining (21)
| Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|
| Freeport-mcmoran IncSEC EDGAR DEF 14A, CIK 831259 | $24.0M | $94K | 256:1 | 2023 |
| NEWMONT Corp /DE/SEC EDGAR DEF 14A, CIK 1164727 | $11.7M | $55K | 212:1 | 2023 |
| Cleveland-cliffs Inc.SEC EDGAR DEF 14A, CIK 764065 | $26.2M | $127K | 207:1 | 2023 |
| NEWMONT Corp /DE/SEC EDGAR DEF 14A, CIK 1164727 | $15.7M | $84K | 187:1 | 2025 |
| Cleveland-cliffs Inc.SEC EDGAR DEF 14A, CIK 764065 | $19.1M | $122K | 156:1 | 2025 |
| Freeport-mcmoran IncSEC EDGAR DEF 14A, CIK 831259 | $14.8M | $116K | 128:1 | 2025 |
| Uranium Energy CorpSEC EDGAR DEF 14A, CIK 1334933 | $6.4M | $68K | 93:1 | 2025 |
| Gold Resource CorpSEC EDGAR DEF 14A, CIK 1160791 | $1.6M | $19K | 85:1 | 2021 |
| Coeur Mining, Inc.SEC EDGAR DEF 14A, CIK 215466 | $4.1M | $62K | 66:1 | 2023 |
| Ivanhoe Electric Inc.SEC EDGAR DEF 14A, CIK 1879016 | $2.2M | $41K | 53:1 | 2025 |
| Southern Copper Corp/SEC EDGAR DEF 14A, CIK 1001838 | $2.3M | $47K | 49:1 | 2025 |
| Uranium Energy CorpSEC EDGAR DEF 14A, CIK 1334933 | $3.7M | $81K | 46:1 | 2023 |
| Novagold Resources IncSEC EDGAR DEF 14A, CIK 1173420 | $19.3M | $419K | 46:1 | 2025 |
| enCore Energy Corp.SEC EDGAR DEF 14A, CIK 1500881 | $1.1M | $55K | 20:1 | 2024 |
| Southern Copper Corp/SEC EDGAR DEF 14A, CIK 1001838 | $1.0M | $53K | 19:1 | 2023 |
| Ur-energy IncSEC EDGAR DEF 14A, CIK 1375205 | $1.1M | $75K | 15:1 | 2023 |
| Novagold Resources IncSEC EDGAR DEF 14A, CIK 1173420 | $2.9M | $487K | 6:1 | 2023 |
| Texas Mineral Resources Corp.SEC EDGAR DEF 14A, CIK 1445942 | $120K | $60K | 2:1 | 2023 |
| Idaho Strategic Resources, Inc.SEC EDGAR DEF 14A, CIK 1030192 | $100K | $100K | 1:1 | 2023 |
| McEwen Inc.SEC EDGAR DEF 14A, CIK 314203 | $78K | $78K | 1:1 | 2025 |
| Solitario Resources Corp.SEC EDGAR DEF 14A, CIK 917225 | $147K | $147K | 1:1 | 2021 |
Frequently Asked Questions
What's the typical pay ratio in Mining? ▼
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Read our methodology - how this data is sourced, computed, and verified.
Related
Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Industry benchmarks are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.