logo
Collective Mining Announces the Appointment of Raphael Maracajá as Vice President Mining

Collective Mining Announces the Appointment of Raphael Maracajá as Vice President Mining

Globe and Mail2 days ago

TORONTO , June 9, 2025 /CNW/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that Mr. Raphael Maracajá has been appointment as Vice President Mining, effective immediately. Mr. Maracajá is a senior mining professional with 20 years of international experience in both open pit and underground operations. He has held leadership roles in operations and technical services at companies such as Hudbay Minerals, Equinox Gold, Appian Capital and Yamana Gold. His expertise includes strategic mine planning, the implementation of new mining methods and systems and he has a proven track record of optimizing operations across North and South America . Mr. Maracajá holds a degree in Mining Engineering from the University of São Paulo, along with certifications from UBC, McGill, and CIM and is a prospective member of AusIMM.
Ned Jalil , CEO of Collective commented: "I am delighted to welcome Raphael to the Collective team. Raphael's deep technical expertise, leadership experience, and proven ability to optimize complex mining operations across the Americas will be invaluable as we continue to advance our Guayabales and San Antonio projects. Raphael's appointment strengthens our ability to deliver on our growth strategy and reinforces our commitment to building a world-class mining company grounded in operational excellence and responsible development."
2025 Annual Shareholder Meeting Update
Shareholders are reminded that the Company will hold its 2025 annual shareholder meeting on Monday June 16, 2025 at 9:30am ET ( Toronto time). The Meeting will be held by way of Zoom video conference and the Company invites shareholders to participate in that manner where they will be permitted to ask questions and otherwise engage with the Company. To access the Meeting through Zoom, shareholders will need to download the application onto their computer or smartphone and once the application is loaded, open the following link: https://us06web.zoom.us/j/86476208646?pwd=zShol27rG7caG6YeAP8Sa98GY6mOjb.1. The Meeting ID is 864 7620 8646 and the Passcode is 322809. Shareholders are encouraged to vote their shares in accordance with the instructions as described in the Notice of Meeting and Management Information Circular.
About Collective Mining Ltd.
To see our latest corporate presentation and related information, please visit www.collectivemining.com.
Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia . The Company has options to acquire 100% interests in two projects located directly within an established mining camp with ten fully permitted and operating mines.
The Company's flagship project, Guayabales, is anchored by the Apollo system, which hosts the large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten Apollo system. The Company's objectives are to improve the overall grade of the Apollo system by systematically drill testing newly modeled potentially high-grade sub-zones, expand the Apollo system by stepping out along strike to the north and expanding the newly discovered high-grade Ramp Zone along strike and to depth, and drill a series of less advanced or newly generated targets including Trap, the Knife and X.
Management, insiders, a strategic investor and close family and friends own 44.5% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. The Company is listed on both the NYSE American and TSX under the trading symbol "CNL".
Information Contact:
Follow Executive Chairman Ari Sussman (@Ariski73 ) on X
Follow Collective Mining (@CollectiveMini1) on X, (Collective Mining) on LinkedIn, and (@collectivemining) on Instagram
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated advancement of mineral properties or programs; future operations; future recovery metal recovery rates; future growth potential of Collective; and future development plans.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding future events including the direction of our business. Management believes that these assumptions are reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: risks related to the speculative nature of the Company's business; the Company's formative stage of development; the Company's financial position; possible variations in mineralization, grade or recovery rates; actual results of current exploration activities; conclusions of future economic evaluations; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, precious and base metals or certain other commodities; fluctuations in currency markets; change in national and local government, legislation, taxation, controls regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formation pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties, as well as those risk factors discussed or referred to in the annual information form of the Company dated March 24, 2025 . Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements and there may be other factors that cause results not to be anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Twenty Canadian mutual funds and ETFs with low ESG risk
Twenty Canadian mutual funds and ETFs with low ESG risk

Globe and Mail

time10 minutes ago

  • Globe and Mail

Twenty Canadian mutual funds and ETFs with low ESG risk

Canadian-domiciled mutual funds and exchange-traded funds that exhibit low degrees of environmental, social and governance risk and that have outperformed peers Canadian retail investors continue to give mixed signals on investing sustainably. On one hand, the sustainable mutual fund and ETF market saw net redemptions over 2024, something that hasn't happened since 2019. On the other, industry surveys (such as the Responsible Investment Association's Annual Investor Opinion Survey conducted by Ipsos) continue to point to desire by retail investors to invest sustainably, citing that two-thirds of Canadians are interested in the concept. The disconnect between investor interest and actual investment behaviour might stem from a lack of clarity around the purpose of sustainable investing. While some investors view ESG considerations as a way to align investments with personal values, this perspective can overlook the growing relevance of the considerations to financial performance. Increasingly, factors such as climate risk, corporate governance and social responsibility are being recognized as material to a company's long-term success – and, by extension, to investor returns. As such, evaluating ESG risks should not be seen merely as a values-based choice, but as a prudent step in making informed, forward-looking investment decisions. This opinion largely aligns with that of Canadian Prime Minister Mark Carney. He sees ESG risks as financially material factors that investors must consider to properly assess long-term value and risk. In his book Value(s), he writes that ESG criteria help investors 'identify common factors that assist risk management and value creation but also deliver superior financial returns.' He also asserts that 'fiduciary duty is not a barrier to considering ESG factors – it demands it,' emphasizing that ignoring such risks could breach legal and ethical responsibilities. For Mr. Carney, ESG is not a peripheral concern, but a core component of financial analysis. With all of this in mind, today I use Morningstar Direct to find outperforming mutual funds and ETFs that, based on Morningstar's assessment, exhibit lower degrees of ESG risk when compared to global peers. To do this, I screened for Canadian funds and ETFs (a universe of roughly 4,400 unique investments) for those that: Only the oldest share class of Canadian-domiciled mutual funds and ETFs were considered in the search. The mutual funds ETFs that qualified for today's screen are listed in the table accompanying this article. The table includes tickers, management expense ratios, asset class, category, ratings and returns. Readers are urged to first look at the asset class and category to which each fund belongs, given that ratings are relative to these peer groups. I note importantly that I did not screen on the intent of the fund, only the ESG risk scores. As such, there are funds on the list that don't necessarily align their marketing (or names) with a sustainability tilt. However, the portfolio holdings (according to Morningstar's analysis) reflect lower degrees of ESG risk. This article does not constitute financial advice. Investors are encouraged to conduct their own analysis before buying or selling any of the investments listed here. Ian Tam, CFA, is director of investment research for Morningstar Canada.

Demolition coming for empty fire damaged building on Main Street
Demolition coming for empty fire damaged building on Main Street

CTV News

time12 minutes ago

  • CTV News

Demolition coming for empty fire damaged building on Main Street

The vacant burnt out building that the city is looking to demolish on Main Street. Uploaded June 11, 2025. (Jeff Keele/CTV News Winnipeg) The City of Winnipeg is looking for a contractor to do a wet demolition of a fire damaged building on Main Street. Wet demolition is a process to safely remove asbestos. A fire broke out at the vacant commercial building at 881 Main St. nearly four years ago. At the time, CTV News reported it was set for demolition. Beside the building is a burnt out church that caught fire twice in the last year. Coun. Ross Eadie said the city will pay for the work and then transfer the costs to the owner's property tax bill. 'The time limit is up. (The city) gave them a grace period and now they're putting out, and they're going to hire a company. The city will pay them to do a wet demolition,' said Eadie. It's a new policy, stemming from scores of problem properties plaguing inner-city neighbourhoods, where owners are dragging their feet on cleaning them up. A mountain of rubble, which once stood on the Sherbrooke Street lot, was one of the catalysts. The pile was left over for more than two years from an apartment building fire until the city stepped in, cleaned it up, and put the cost on the property tax bill.

Tenants rally to stop ‘profit-motivated' eviction of East Vancouver senior
Tenants rally to stop ‘profit-motivated' eviction of East Vancouver senior

CTV News

time23 minutes ago

  • CTV News

Tenants rally to stop ‘profit-motivated' eviction of East Vancouver senior

Residents of an East Vancouver apartment building gathered with supporters on Wednesday outside the downtown office of their landlord in an effort to get him to drop the planned eviction of a long-term tenant. (CTV News) Residents of an East Vancouver apartment building gathered with supporters on Wednesday outside the downtown office of their landlord in an effort to get him to drop the planned eviction of a long-term tenant. Terry McIntosh has lived at 1177 E. 14th Ave. for 27 years. The building's owner Andrzej Kowalski recently issued a notice to end McIntosh's tenancy so that a live-in caretaker can move into his unit. The Vancouver Tenants Union sees the eviction attempt as 'profit-motivated,' noting in a statement Wednesday that the building contains only seven units, and that Kowalski attempted to evict all of the tenants and convert the property into condos in 2023. 'The tenants all sent a letter to the landlord about a month ago, demanding that Terry's eviction was dropped,' said Sydney Ball of the VTU. 'They all see this as profit-motivated, and every suite signed on.' Ball said the tenants had not received a response to their letter. Wednesday's gathering – organized by residents and the VTU – was an attempt to deliver the letter to Kowalski in person. In addition to maintaining that a caretaker is unnecessary for such a small building, the tenants argue that the landlord has an incentive to evict McIntosh in order to avoid having to compensate him under the city's tenant relocation and protection policy for redevelopment happening due to the Broadway Plan. 'Last year, when we were battling this landlord with the evictions for the whole building, he always maintained that it was going to be under redevelopment, eventually,' Ball said. 'If that's still his plan, then it seems like (it's) definitely profit-motivated to kick Terry out of his home of 27 years.' CTV News made multiple attempts to contact Kowalski on Wednesday, but has not received a response. This story will be updated if one is received. Ball said the VTU has seen a sharp uptick in evictions for landlord's use – such as a family member or caretaker moving in – since the province cracked down on renovictions. 'That's now the most common way to get people out of their homes to jack up the rent, and it definitely always targets long-term tenants, who are often seniors just like Terry,' Ball said. Speaking at Wednesday's event, McIntosh himself highlighted this connection, saying his situation is 'one of many.' 'There are a lot of other tenants that are also under pressure,' he said. The VTU has been calling for the provincial government to remove the motivation for landlords to evict long-term tenants by tying rent controls to the unit, rather than the tenant. Such a policy, sometimes referred to as 'vacancy control,' would limit the amount by which a landlord could raise the asking rent between tenancies. Currently, B.C. law prohibits landlords from raising rents more than once a year and limits the percentage by which they can be raised. The landlord organization Landlord BC has told CTV News in the past that it opposes all rent controls, describing them as a 'blunt and ineffective' tool that discourages building maintenance and ultimately drives up housing costs by suppressing the construction of new supply.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store