CIM

Keith N. Spence

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Keith N. Spence

2023

CIM Distinguished Service Medal

2003

CIM Fellowship

2009

Robert Elver Mineral Economics Award

2003

CIM Distinguished Lecturers

Keith Spence is Co-Chair, and led the formation of CIM’s world recognized Mining Valuation Standards (CIMVAL) following the Bre-X mining scandal. CIMVAL is referenced by the Toronto Stock Exchange and other international stock exchanges. CIMVAL is used by Canadian and international mining practitioners for valuation of mining projects, including project acquisitions, government expropriation, audited financials and litigation. He currently represents CIM as the Chair of the International Mining Valuation Committee (IMVAL).

A field geologist, with experience in the Canadian North and internationally, he held senior positions in Capital Markets and Investment Banking at Royal Bank, Scotia Bank and the Bank of Montreal. He has served on the Boards of Ontario Place and Royal Ontario Museum.

He has also served on CIM Council, Chair of CIM’s Management and Economics Society and Chair of CIM Audit Committee. He has chaired sessions and presented at many CIM Annual Conventions. He also organized successful one day CIM conferences in Beijing and Hong Kong, China.

In 2012 he received the Queen Elizabeth Diamond Jubilee Medal for contributions to Canada. A Commonwealth Scholar, he is a graduate of the Global Management program from Harvard University, and has an Honors B.Sc. in Geology and MBA from University of Western Ontario.