RE: Terhi Tulenheimo & Roy Spencer15 Dec 2023 14:33
Roy Spencer (P.Geo.) joined De Beers in 1966 and has been involved with exploration and deposit evaluation for
gemstones and other commodities throughout his career. As technical director of Peregrine Diamonds Ltd., he
discovered the first kimberlites on the Pilbara Craton in Western Australia in 1989, and as Leader o the Owners Team
for Archangel Diamond Corp. he was largely responsible for the discovery of the world-class Grib Kimberlite in
northern Russia (February 1996). In 1998, Roy created and raised the seed finance for Ilmari Exploration Oy to explore for
gold, base metals and diamonds on the Karelian Craton in Finland. Ilmari went public in 2000 and discovered the Lentiira
kimberlite cluster in central Finland in 2003. In 2006, as CEO of London-based diamond explorer European Diamonds,
Roy led the Owners Team which brought the Liqhobong Kimberlite (Lesotho) into commercial production on time
and under budget. In mid-2007, Roy left European Diamonds, a company which had evolved into a successful mid-tier diamond producer and marketer after having raised £23 million over a 6-year period. Since that time, Roy has
continued in gemstone exploration and deposit evaluation in Africa, Finland and western Russia for a variety of junior
and senior mining companies.