Three of the top five highest paid executives in B.C. are miners – Vancouver Sun

On Wednesday the Vancouver Sun released its list of the highest paid executives in B.C. with several miners making it to the top five:

And the No. 2 name on the list, Robert Quartermain, CEO of a startup gold-mining venture, Pretium Resources Inc., earned $12.73 million, but that came almost entirely from the conversion of his preferred share capital in the new firm into shares as a stock-option-based award. Robert Friedland, Ivanhoe Mines Ltd.’s chairman and CEO, impresario of the massive Oyu Tolgoi copper mine in Mongolia, was third on the list at $10.3 million, Goldcorp Inc. CEO Chuck Jeannes was fourth with $10.02 million in total compensation . . .

The number one spot went to Fortress Paper Ltd. CEO Chadwick Wasilenkoff who earned $16 million in 2010 after a one-time performance bonus.