AIC Mines Management
Management criteria checks 3/4
AIC Mines' CEO is Aaron Colleran, appointed in Feb 2019, has a tenure of 6.67 years. total yearly compensation is A$2.04M, comprised of 32.8% salary and 67.2% bonuses, including company stock and options. directly owns 1.77% of the company’s shares, worth $3.94M. The average tenure of the management team and the board of directors is 2.4 years and 6.5 years respectively.
Key information
Aaron Colleran
Chief executive officer
AU$2.0m
Total compensation
| CEO salary percentage | 32.84% |
| CEO tenure | 6.7yrs |
| CEO ownership | 1.8% |
| Management average tenure | 2.4yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | AU$2m | AU$670k | AU$15m |
| Mar 31 2025 | n/a | n/a | AU$14m |
| Dec 31 2024 | n/a | n/a | AU$14m |
| Sep 30 2024 | n/a | n/a | AU$11m |
| Jun 30 2024 | AU$2m | AU$473k | AU$8m |
| Mar 31 2024 | n/a | n/a | AU$5m |
| Dec 31 2023 | n/a | n/a | AU$2m |
| Sep 30 2023 | n/a | n/a | -AU$2m |
| Jun 30 2023 | AU$1m | AU$355k | -AU$6m |
| Jun 30 2022 | AU$804k | AU$238k | AU$42m |
| Dec 31 2021 | AU$691k | AU$277k | AU$2m |
| Sep 30 2021 | n/a | n/a | -AU$1m |
| Jun 30 2021 | n/a | n/a | -AU$4m |
| Mar 31 2021 | n/a | n/a | -AU$6m |
| Dec 31 2020 | AU$358k | AU$249k | -AU$7m |
| Sep 30 2020 | n/a | n/a | -AU$9m |
| Jun 30 2020 | n/a | n/a | -AU$12m |
| Mar 31 2020 | n/a | n/a | -AU$10m |
| Dec 31 2019 | AU$814k | AU$161k | -AU$8m |
Compensation vs Market: Aaron's total compensation ($USD1.34M) is about average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Aaron's compensation has increased by more than 20% in the past year.
CEO
Aaron Colleran (54 yo)
Mr. Aaron Mark Colleran, B.Eng (Geology), B.Com. (Finance), MAICD serves as Non-Executive Director at Demetallica Limited since November 28, 2022. He serves as Managing Director and Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 6.7yrs | AU$2.04m | 1.77% $ 3.9m | |
| Chief Financial Officer | less than a year | AU$316.76k | no data | |
| Chief Operating Officer | 1.8yrs | AU$487.25k | no data | |
| Company Secretary | 3yrs | no data | no data |
Experienced Management: IAUF.F's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 6.5yrs | AU$2.04m | 1.77% $ 3.9m | |
| Non-Executive Director | 3.9yrs | AU$70.63k | 0.15% $ 341.0k | |
| Non-Executive Chairman | 6.5yrs | AU$90.81k | no data | |
| Independent Non-Executive Director | 6.5yrs | AU$70.63k | 0.0031% $ 7.0k | |
| Non-Executive Director | 2.7yrs | AU$75.68k | 0.068% $ 152.2k |
Experienced Board: IAUF.F's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/07 12:26 |
| End of Day Share Price | 2025/10/07 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AIC Mines Limited is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coates | Bell Potter |
| Daniel Roden | Jefferies LLC |
| Mitch Ryan | Jefferies LLC |