A mining company CEO essentially steers the entire ship, making strategic decisions that determine the company’s future and success.
Their main responsibilities revolve around:
Strategic direction
They identify which minerals or metals to focus on, which regions to operate in, and whether to expand existing mines or develop new ones. They’re constantly evaluating opportunities like acquisitions, joint ventures, or selling off underperforming assets.
Capital allocation
Mining is extremely capital intensive. The CEO decides where to invest hundreds of millions or even billions of dollars, whether that’s developing a new underground operation, expanding processing facilities, or upgrading equipment fleets.
Stakeholder management
They spend significant time with major investors and shareholders explaining company performance and strategy. They also work with government officials on permits, regulations, and sometimes community agreements, especially in countries where mining is politically sensitive.
Risk management
Mining has enormous risks—commodity price swings, geopolitical issues, environmental concerns, and safety incidents. The CEO needs to anticipate and mitigate these risks.
Leadership and culture
They set the tone for the entire organisation, particularly around safety culture, which is paramount in mining. A single serious incident can shut down operations and damage the company’s reputation.
Sustainability and ESG
Increasingly, they’re focused on environmental commitments, community relations, and governance issues as mining companies face more scrutiny about their environmental and social impact.
Unlike some industries, mining CEOs often have technical backgrounds in mining engineering, geology, or operations, though many come up through finance roles as well. Most CEOs are found through a headhunting or executive recruitment process.
What does a mining CEO’s daily routine look like?
Mining is a 24/7 business, so there’s always something happening—production updates, safety incidents, or maintenance issues. They’ll review critical performance metrics across their operations.
They’ll likely have executive team meetings, discussing everything from production targets to community relations issues. During quarterly reporting periods, they’ll spend hours with the CFO reviewing financial performance and preparing investor communications.
A significant portion of their time goes to external stakeholders. They might meet with major investors, government officials about regulatory matters, or community leaders from regions where they operate. If the company is publicly traded, they’ll periodically do investor presentations and media interviews.
Site visits are an essential part of the job—though not daily. When visiting mines, they’ll tour operations, meet with site management, and often go underground or into the pit to see conditions firsthand. These visits send a message about priorities (like safety) and help them understand operational challenges.
Strategic planning occupies substantial time—reviewing potential acquisitions, development projects, or expansion plans. They’ll work closely with technical teams to evaluate geological data, resource estimates, and mining plans.
For international companies, travel is extensive. They might spend a week visiting operations in Western Australia, then fly to South America for government meetings, then to London or Toronto for investor conferences.
Crisis management comes with the territory. If there’s a serious safety incident, environmental issue, or significant operational problem, they’ll drop everything to address it.