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Professional Awards, Recognitions, and Special Engagements

Mr. Ellis has received a number of awards, recognitions, and many special engagements from mining institutes and other bodies. He is frequently invited to speak nationally and internationally on minerals and petroleum industry valuation standards, and other minerals industry topics.

AGH – University of Science and Technology, Cracow, Poland, 3 March 2008
Special speaker on mineral valuation standards. Presented a valuation case study lecture. View Abstract

American Institute of Minerals Appraisers (Now the International Institute of Minerals Appraisers) Letter of Appreciation, for leadership service to the Institute and the minerals and petroleum industries, 2005.

The American Institute of Professional Geologists
Outstanding Service Award, Colorado Section, 1995 and 2000

Chilean Commission for Mining Industry Competencies – Seminar on Valuation of Mineral Properties, Santiago, Chile, 25 October 2010
The invited North American speaker. Presented a paper titled, “Sales Comparison Valuation of Development and Operating Stage Minerals Properties.” View Abstract

China Mining 2007, Beijing, China, November 2007
The invited U.S. valuation speaker. Presented a paper on international standards trends. View Abstract

Council of Mining and Metallurgical Institutions’ Congress 2002, Cairns, Australia, May 2002
The invited U.S. speaker on standards and ethics, sponsored by the SME. View Abstract

International Mining Forum 2008, Szczyrk, Poland, February 2008
The keynote speaker on economic and valuation issues. Presented two papers on valuation standards. View Abstracts

International Mineral Valuation Committee, 2012-Present
SME representative on development of the IMVAL Template for mineral property valuation standards.

International Valuation Standards Committee, 2001-2008
Founder and Chairman, Extractive Industries Expert Group.
The minerals and petroleum valuation standards developed by the Group were published in the International Valuation Standards, 2005 and 2007 Editions.

Mackay School of Mines, Department of Geological Sciences, University of Nevada, Reno
Don Yardley Lecturer, 16 February 2001. View Abstract

Mineral Property Valuation Symposium at the Mining Millennium 2000 conference, CIM and PDAC, Toronto, Canada, March 2000
The invited U.S. speaker. Presented a paper on mineral property valuation standards. View Abstract

Southern African Institute of Mining and Metallurgy’s Valuation Code Colloquium, Randburg, South Africa, March 2002
The invited U.S. speaker. Presented a paper on mineral property valuation standards. View Absract

Society for Mining, Metallurgy, and Exploration
Chair, SME Valuation Standards Committee, 2012-Present

United Nations Economic Commission for Europe – Meetings of Experts on Harmonization of Energy Reserves and Resources Terminology, Geneva, Switzerland, November 2004, November 2005, and October 2006.
Represented the International Valuation Standards Committee.
2006, presented a paper titled, “Global Standards Development and Convergence Projects.” View slide presentation 31kB pdf file.
Also chaired a financial reporting breakout session.
2005, presented a paper titled, “Resource Codification, Valuation Standards, and Sustainable Development.” View slide presentation 270kB pdf file.
2004, presented a paper titled, “Securing Investments through Appropriate Financial Reporting.” View slide presentation 270kB pdf file.
(Please note that some information in this presentation specifically about IASB IFRS restrictions on asset value reporting for the extractive industries is no longer valid. For an updated article by Mr. Ellis, click here.)

VALMIN 2001, AusIMM-MICA, Sydney, Australia, October 2001
The invited U.S. speaker. Presented a paper on mineral property valuation standards. View Abstract

Valuation 2000, Las Vegas, Nevada, July 2000 – an international appraisal convention sponsored by ASA, AI, and ASFMRA, with almost 3,000 registrants.
Excellence Award for 3rd Best Professional Paper and Presentation. View Abstract

Abbreviations used above:

AI – Appraisal Institute
AIMA – American Institute of Minerals Appraisers
AIME – American Institute of Mining, Metallurgical and Petroleum Engineers
AIPG – American Institute of Professional Geologists
APCA – The Association Dedicated to Air Pollution Control and Hazardous Waste Management
ASA – American Society of Appraisers
ASFMRA – American Society of Farm Managers and Rural Appraisers
AusIMM – Australasian Institute of Mining and Metallurgy
CIM – Canadian Institute of Mining, Metallurgy and Petroleum
CMA – Colorado Mining Association
CMMI – Council of Mining and Metallurgical Institutions
IAEE – International Association of Energy Economics
IASB – International Accounting Standards Board
IIMA – International Institute of Minerals Appraisers, the parent body of the American Institute of Minerals Appraisers (AIMA)
IMVAL – International Mineral Valuation Committee
IVSC – International Valuation Standards Council, previously the International Valuation Standards Committee
MICA – The Mineral Industry Consultants Association
PDAC – Prospectors and Developers Association of Canada
SAIMM – Southern African Institute of Mining and Metallurgy
SME – Society for Mining, Metallurgy, and Exploration