Governance Practices of Canadian Mining Companies (2025 Benchmarks) - Aprio

Governance Practices of Canadian Mining Companies (2025 Benchmarks)

Explore the latest governance metrics, identify sector-specific risks, and benchmark your board’s performance using data from the 2025 Globe and Mail Board Games.

As Canadian boards navigate increasing regulatory scrutiny, institutional investor demands, and complex operational risks, sector-specific governance benchmarks have never been more critical. We’ve extracted the exact performance metrics for the Mining sector to highlight where leaders excel and where vulnerability lies.

Top 10 Benchmark: Mining Performers

Company Score (/99) YoY Change Board Comp (/46)
Kinross Gold Corp. K-T 91 -2 41
Lundin Mining Corp. LUN-T 89 -4 42
OceanaGold Corp. OGC-T 88 +5 38
Agnico Eagle Mines Ltd. AEM-T 87 -1 37
Wheaton Precious Metals Corp. WPM-T 87 +1 40
Barrick Gold Corp. ABX-T 86 +2 40
Eldorado Gold Corp. ELD-T 86 -4 44
Lundin Gold Inc. LUG-T 86 -4 37
Osisko Gold Royalties Ltd. OR-T 85 +5 38
Alamos Gold Inc. AGI-T 84 -2 38

The Sector Gap: The Variability in Extractive Governance

Mining companies show the highest variability in the 2025 dataset, ranging from Agnico Eagle (87) to much lower scores in the junior tier. Board composition and shareholder rights are recurring issues, often stemming from founder-led origins or significant insider ownership. ESG reporting requirements are also introducing unprecedented liability.

How Aprio Closes the Gap

Aprio simplifies ESG tracking and international board logistics. With secure offline access via native mobile apps, directors evaluating site operations globally can review materials securely from anywhere without risking confidential asset data.

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