TSX Venture Exchange: VLC

How many employees does Velocity Minerals have?

Velocity Minerals Ltd. (VLC) has approximately 11 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Velocity Minerals’s total headcount has declined 54.1% from 25 employees in 2023 to 11 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

About Velocity Minerals’s Workforce

Velocity Minerals Ltd. (VLC) is an Energy and Resources company that employs 11 people worldwide as of June 2026. It is the 10th-largest by headcount among its peers. Founded in 2000, the company is headquartered in Vancouver, Canada and trades on the TSX Venture Exchange.

Velocity Minerals's workforce has declined 54.1% from 2023 to 2026, though it is up 7.9% year over year in 2026. It fell to a low of 9 in 2026 Q1 before recovering. Its workforce is concentrated most in Eastern Europe (50.3%), followed by North America (49.7%).

Velocity Minerals's functional groups are Finance and Operations (100.0%), with Finance and Operations growing fastest (up 3.7%). The average salary is $88,183, highest in North America at a median of $150,000, down 12.5% year over year in 2026.

Velocity Minerals's headcount and pay metrics reflect a sustained, multi-year contraction in the workforce.

Sourced from Revelio Labs workforce data.

Ticker
TSX Venture Exchange: VLC
Headquarters
Vancouver, Canada
Founded
2000
Industry
Energy and Resources
Employees
11
YoY
+7.9% (-1)

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Velocity Minerals Annual Employee Count (2023-2026)

Interactive chart of Velocity Minerals annual worldwide employee count from 2023 to 2026.
  • Velocity Minerals had 11 employees in 2026, a 7.9% increase (-1) from 2025.
  • Velocity Minerals had 11 employees in 2025, a 13.1% decline (-1) from 2024.
  • Velocity Minerals had 12 employees in 2024, a 48.7% decline (-18) from 2023.
  • Velocity Minerals had 30 employees in 2023, a 42.4% increase (+11) from 2022.

Velocity Minerals's total workforce has grown from 9 employees in 2026 to 11 in 2026. Velocity Minerals's headcount peaked at 30 in 2023 before declining in 2026 and recovering through 2026.

Velocity Minerals Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q211-1+7.9%
2026Q19-3-14.3%
2025Q411-1-13.1%
2025Q311-1-13.1%
2025Q212-10-28.5%
2025Q112-16-52.1%
2024Q412-18-48.7%
2024Q312-13-26.4%
2024Q222-2+0.0%
2024Q128+9+44.9%
2023Q430+11+42.4%
2023Q325+6+22.5%

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Velocity Minerals Employee Count by Region (2026)

Eastern Europe accounts for the largest share of Velocity Minerals's global workforce with approximately 50% of total employees, followed by North America.

Velocity Minerals employees by region

RegionEmployees% of Total
Eastern Europe650.3%
North America649.7%

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Velocity Minerals Employee Count by Department (2026)

Velocity Minerals's employee groups are Finance and Operations (100.0%).

Velocity Minerals employees by department

DepartmentEmployees% of Total
Finance and Operations11100.0%

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Velocity Minerals Employee Salary by Region (2026)

Velocity Minerals's average employee salary is $88,183 globally. Employees in North America receive the highest compensation, with median pay approximately 1.7x the global average.

Velocity Minerals median employee salary by region (USD)

RegionMedian Salary
North America$150,000

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Frequently Asked Questions About Velocity Minerals

How fast is Velocity Minerals growing?
In 2026, Velocity Minerals's headcount grew 7.9% to 11 employees, down from 12 in 2025.
See the full headcount history
Where are Velocity Minerals employees located?
Most Velocity Minerals employees are based in Eastern Europe (50.3% of headcount), followed by North America.
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How many people work at Velocity Minerals in Eastern Europe?
About 6 people work at Velocity Minerals in Eastern Europe, its largest region.
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What is the average salary at Velocity Minerals?
The average employee salary at Velocity Minerals is approximately $88.2k per year.
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When was Velocity Minerals founded and where is it headquartered?
Velocity Minerals was founded in 2000 and is headquartered in Vancouver, Canada.
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