How to Make the Most Money Mining

Mining is a dirty job that not many people want to do. But if you are one of the select few that doesn’t mind the darkness, dampness, and frequent relocations, maybe mining is for you. Of course, it’s possible that you are hoping to make a hefty pay check. So, here’s how to make the most money mining.

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How to Make the Most Money Mining

These Are the Positions to Look for

The truth is, mining salaries can prove quite lucrative. However, these higher paying positions vary by the size of the company, the location, and a potential employee’s experience and education. We’ve chosen some of the top paying jobs in the industry. These are the positions to look for:

  • Drilling Operations Director/ Project Director– If you’re looking at making nearly a half a million dollars, these positions can net up to $400,000. They are the two highest paid positions on any mining project. And, can sometimes exceed that $400,000 mark. They require strategic leadership, a responsibility for planning, drilling execution and direction.
  • Site Managers/ Project Controllers– Managers in this industry are the next highest paid on the rungs of financial success. Those who manage sites and controls can make up to $350,000 per year. However, those who manage technical services, mines, and drilling operations aren’t left in the poor house either. They make yearly salaries ranging between $200,000 and $280,000.
  • Engineers– This is the third highest position in the mining industry coming in at $240,000 per year. That is, as long as they secure the title of Principal Mine Planning Engineer. But, there are others who fall into the lesser paid categories: drill and blast engineers, materials handling engineers, mining engineers, and technical engineers. These individuals will still rake in between $150,000 and $230,000. Of course, there’s an even lower tier: electrical, process, mechanical, and civil engineers who will only realize $70,000- $180,000. Read more about this field.
  • Geologists– Without geologists, mining would be a pointless endeavor. Unfortunately, these intrinsic positions can be paid as low as $50,000 when they are at the Graduate Geologist level. But as soon as they reach the Chief Geologist position they can benefit from a salary of up to $230,000. Keep in mind that mines employ different kinds of geologists: mine geologists and exploration geologists. Securing a position in this category could mean an annual salary of $90,000-$160,000.
  • Metallurgists– Graduate level metallurgists will only bring home $50,000-$90,000 annually. Whereas senior level positions can earn up to $160,000 each year. These people are involved in a mine’s processing site. And, when they’ve achieved enough years of experience, it is possible for them to reach the upper level management positions. Click this for more information.
  • Geophysicists– People in this particular position find themselves studying the composition of the earth and its physical structure. Senior level individuals can realize $200,000 annually. Generally, they will spend time conducting surveys as a means of locating underground minerals and water. They are also responsible for monitoring, predicting, and detecting various kinds of activity wherever they are located.

There are other interesting positions in this industry. You can learn more here.