Home > Salary > Iceland > Mine Engineer
A mining engineer is a professional responsible for planning, designing, and overseeing the construction and operation of mines. They apply their knowledge of engineering principles and geological sciences to ensure efficient and safe extraction of minerals from the earth. Mining engineers evaluate the feasibility of mining projects, conduct site assessments, and develop plans for excavation and processing. They also supervise mining operations, monitor production, and implement safety measures to minimize risks and protect the environment. Additionally, they work closely with geologists, surveyors, and other professionals to optimize mining processes and ensure compliance with regulations.
Estimated Yearly Salary: 14,872,979 ISK
Estimated Monthly Salary: 1,239,415 ISK
Estimated Weekly Salary: 286,019 ISK per week
Estimated Hourly Salary: 7,150 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,196,267 ISK
Estimated Weekly Salary: 276,062 ISK per week
Estimated Hourly Salary: 6,902 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 103,811 USD
Estimated Monthly Salary: 8,651 USD
Estimated Weekly Salary: 1,996 USD per week
Estimated Hourly Salary: 50 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 14,872,979 ISK
Estimated Monthly Salary: 1,239,415 ISK
Estimated Weekly Salary: 286,019 ISK per week
Estimated Hourly Salary: 7,150 ISK per hour
By working as Mine Engineer a person can save up to 5,922 USD per month or 71,065 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Mine Engineer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Branch manager banking (11,864,903 ISK per year, pre-tax.)
Chief operations officer (coo) (16,606,857 ISK per year, pre-tax.)
Packaging director (13,514,144 ISK per year, pre-tax.)
Teacher assistant (3,937,930 ISK per year, pre-tax.)
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Mine Engineer salary in Iceland
Average Yearly Salary of Mine Engineer in Iceland is approximately 14,872,979 ISK (103,811 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Mine Engineer do?
A mining engineer is a professional responsible for planning, designing, and overseeing the construction and operation of mines. They apply their knowledge of engineering principles and geological sciences to ensure efficient and safe extraction of minerals from the earth. Mining engineers evaluate the feasibility of mining projects, conduct site assessments, and develop plans for excavation and processing. They also supervise mining operations, monitor production, and implement safety measures to minimize risks and protect the environment. Additionally, they work closely with geologists, surveyors, and other professionals to optimize mining processes and ensure compliance with regulations.
Skills: Mining engineer, Mine planning, Mineral extraction, Geological assessment, Safety management, Environmental protection
Job industry: Mining
Job industry: Mining
How much does Mine Engineer make?
Salary details
How much does Mine Engineer make?Estimated Yearly Salary: 14,872,979 ISK
Estimated Monthly Salary: 1,239,415 ISK
Estimated Weekly Salary: 286,019 ISK per week
Estimated Hourly Salary: 7,150 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 14,355,198 ISKEstimated Monthly Salary: 1,196,267 ISK
Estimated Weekly Salary: 276,062 ISK per week
Estimated Hourly Salary: 6,902 ISK per hour
Last revision of data: 2024-01-03Mine Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 103,811 USD
Estimated Monthly Salary: 8,651 USD
Estimated Weekly Salary: 1,996 USD per week
Estimated Hourly Salary: 50 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Mine Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Mine Engineer in Iceland earns on average:
1.66 times the average salary (or 166% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Mine Engineer job salary compared to average salary in Iceland.
Comparison shows that a person working as Mine Engineer in Iceland earns on average:
1.66 times the average salary (or 166% of average salary).
Is Mine Engineer a well paid job?
Yes, our data shows that Mine Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mine Engineer?
High salary for Mine Engineer would be somewhere between 16,360,277 ISK and 21,565,820 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Mine Engineer in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 14,872,979 ISK
Estimated Monthly Salary: 1,239,415 ISK
Estimated Weekly Salary: 286,019 ISK per week
Estimated Hourly Salary: 7,150 ISK per hour
By working as Mine Engineer a person can save up to 5,922 USD per month or 71,065 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mine Engineer
Norway is 144,947 USD
United Kingdom is 68,358 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Branch manager banking (11,864,903 ISK per year, pre-tax.)
Chief operations officer (coo) (16,606,857 ISK per year, pre-tax.)
Packaging director (13,514,144 ISK per year, pre-tax.)
Teacher assistant (3,937,930 ISK per year, pre-tax.)
Sap bi architect (16,448,743 ISK per year, pre-tax.)
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