Keith Spence is President and CEO of Global Mining Capital, which is engaged in Private Equity investments and M&A in the mining sector. The company arranges M&A transactions and co-invests with Chinese, Asian and other partners in mining projects globally. A corporate and investment banker, he held positions in capital markets, corporate finance and mining finance and at Royal Bank of Canada (RBC) and Bank of Montreal (BMO). He has been involved in numerous international financings.
He was CEO of a pioneer foreign-joint venture mining company in western China; one of the first mining joint ventures signed with the Chinese Government. He has also been involved in numerous high-level negotiations and transactions, in China’s outbound investments in mining resources. He is a frequently invited speaker in China and internationally; and has often been quoted in the media on Chinese international mining investments, in leading press such as Bloomberg, Financial Times of London, South China Morning Post, China Daily, CCTV, Chinese media, Reuters and The Globe & Mail. A world recognized thought leader on valuation of mining projects (from exploration to production); Mr Spence is co-founder and co-chairman of the Canadian Mining Valuation Standards, which is required by the Toronto Stock Exchange (TSX-V) and the Hong Kong Stock Exchange.
As a field geologist, Mr. Spence has experience in gold and base metals exploration in the Canadian north, China, Africa and internationally. He is a member of the Board of Directors of PDAC, which holds the world’s largest mining event annually, in Toronto. He is also a member of the Board of Directors of The Royal Ontario Museum and has served on the Boards of Ontario Place, the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the International Board of China Mining. Mr. Spence received the CIM Distinguished Lecturer Award, the CIM Fellowship Award and the Robert Elver Mineral Economics Award for outstanding contributions to Canadian mining and mineral economics. He also received the Queen Elizabeth Diamond Jubilee Award, for contributions to Canada. Keith is a graduate of the Global Management program at Harvard University, has an Honors B.Sc. in Geology from the University of Western Ontario, and an MBA from the Ivey School of Business.
Keith was Chairman of the Toronto Gardiner Awards and was named a Trailblazer in the Toronto Trailblazer Leadership Series. He has been a mentor to many young and diverse professionals who are interested in pursuing a career on “Bay Street”; and is an advocate for young black students considering a career in the natural resources sector.