Recent Trends in Mining Boards

Results of a 2025 study completed by our associates in Toronto, JMA on trends in board composition in the mining industry updates a comparable study completed in 2020.

In summary, board appointments to mining company boards in North America over the last five years are:

• More likely to have meaningful mining industry experience (71% vs 53% in 2020)

• Somewhat more likely to have a strong operating/technical background (35% vs 27% in 2020)

• Dominated by directors from “traditional” mining countries (90%; no change from 2020)

• Slightly less diverse by gender (51% female vs 55% in 2020) but more diverse in other ways (e.g. 22% visible minorities vs 13% in 2020)

• A bit older (average age of 59 vs 57 in 2020)

Moreover, growth themes have generally been more prominent in board composition discussions and selection decisions. Read JMA's Recent Trends in Mining Boards 2025 short report for more analysis of the trends that emerge below.

We will continue to follow these and other trends as the mining industry confronts the extraordinary growth opportunity in front of it over the coming months and years.

Recent Trends in Mining Boards-JMA 2025 September.pdf

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