Niocorp Developments Ltd (NB): Are salaries lower in Europe? If anythin...

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Re: User-462888 post# 58111

Friday, 01/17/2020 1:21:50 PM

Friday, January 17, 2020 1:21:50 PM

Are salaries lower in Europe? If anything I would say his salary is low for his level of experience. He is former CEO of Chevron mining, MolyCorp and Largo receiving 400K? Thats peanuts for his level of experience. I know a lot of people making 400K a year with only a fraction of his responsibilities and they certainly aren't building a billion dollar project.

Having said that, this article from Mining.com gives a better idea of the norms for both junior and major mining company.

" the average chief executive officer of a junior mining company earned a salary of $297,000 and a reasonable bonus of $387,000." Average salary plus bonus was $694,000.

https://www.mining.com/the-truth-behind-wages-and-how-they-are-measured-in-the-mining-industry/

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