CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
John Macken, who recently gave up being president of Ivanhoe Mines, was BC’s top paid executive and brought home a total $23.358 million compensation package in 2011, according to the Vancouver Sun that just released its survey of the province’s top 100.
Macken was joined by chairman Peter Meredith at number two who earned $14.041 million and former CEO Robert Friedland at number three who was paid $12.574 million.
Ivanhoe Mining’s management was shaken up when Rio Tinto became the controlling shareholder of the company. Ivanhoe is running the Oyu Tolgoi project in Mongolia.
Miners dominated the top 100 group. Eight of the top ten paid execs worked at mining companies.
