Collective Mining Announces the Appointment of Raphael Maracajá as Vice President Mining
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
19 minutes ago
- Globe and Mail
Ontario leaves out American banks from U.S.-dollar bond issuance in a first since 2011
For the first time in more than a decade, Ontario has issued a U.S.-dollar bond without the assistance of any U.S.-based banks. The province sold US$2-billion worth of 10-year bonds last week with the help of British banking giant Barclays PLC, according to Bloomberg data. Three Canadian banks also helped manage the latest provincial debt issue: BMO Capital Markets, Canadian Imperial Bank of Commerce and Bank of Nova Scotia. American banks have participated in every Ontario government U.S.-dollar bond sale since 2011, the data show. As recently as January of this year, the province sold US$3-billion worth of five-year bonds with the help of Bank of America Corp. Ontario Premier Doug Ford had previously committed to banning U.S. companies from government contracts in response to the continental trade war launched earlier this year by U.S. President Donald Trump. However, Ontario finance ministry spokesperson Scott Blodgett said there is currently no prohibition on U.S. banks participating in Ontario bond issues. In fact, Mr. Blodgett said, Bank of America remains a long-standing member of the banking syndicate that regularly assists with the sale of Ontario's domestic market bonds. 'U.S. banks were not 'dropped' from our bond sale,' he said in an e-mailed response to questions. 'Inclusion in any Ontario bond deal is a competitive process with financial partners around the globe vying for international mandates. As bond funds struggle as uncertainty grips the market, here are four for investors to consider 'Several factors, including dealer availability, indicative pricing, consistent quality coverage, and participation on recent transactions is considered. Rotation is also considered with respect to participation on past deals as well as future deals.' Last week's deal generated 'record interest for an Ontario 10-year USD deal,' Mr. Blodgett added. In early March, Mr. Ford pledged to ban U.S. companies from all Ontario procurement contracts until the Trump administration removes tariffs from Canadian goods. The policy has subsequently faced criticism for exempting American companies with at least 250 employees in Canada. For example, Bank of America, which boasts more than 1,000 Canadian employees working out of offices in Toronto, Montreal, Calgary and Vancouver, would qualify for such an exemption. Alberta also avoided using a U.S. bank for a recent bond deal. In March, the province sold €1.25-billion ($1.95-billion) worth of 10-year bonds with the help of Barclays, RBC Capital Markets and TD Securities, according to public data and provincial records. Alberta regularly taps Bank of America for its euro-denominated bond sales, though Marisa Breeze, spokesperson for provincial Finance Minister Nate Horner, said the change was not intentional. Opinion: Here's what really is going on in the bond market - and why I'm still very bullish 'There is no blanket ban on U.S.-based financial institutions,' Ms. Breeze said. 'The province is continuously monitoring and assesses the performance of the service providers employed for its funding activities and adjusts its borrowing syndicate based on that performance.' Meanwhile, at least one other province has continued openly using U.S. banks for its U.S.-dollar bond sales. Bank of America and Citigroup Inc. were both part of the syndicate behind a US$2.5-billion bond issued by British Columbia last week. That syndicate also included BMO Capital Markets, National Bank of Canada and TD Securities. 'The province's inclusion of U.S. banks aligns with market practice among other Canadian issuers,' B.C. finance ministry spokesperson Shantel Esplen said in an e-mail. 'B.C.'s approach is the same as the government of Ontario, who continues to follow a policy which does not rule out inclusion of U.S. banks.' Both the Canada Pension Plan and the federal government have also recently allowed U.S. banks to participate in their debt sales, Ms. Esplen said.
CBC
32 minutes ago
- CBC
China tariffs bite into B.C. spot prawn season, but foodies queue for kiss of the sea
Social Sharing Toronto resident Krista Jang showed off her "haul" on the False Creek Fishermen's Wharf in Vancouver — a bag of sweet and meaty spot prawns, live and kicking and fresh off the boat. The actress was raised in Vancouver and spot prawn season is one of the things she misses most. Jang said she would have them "Chinese style," steamed and dipped in a little soy sauce and sesame oil to make the most of their "pure and simple flavour." "I've had it my whole life," she said last week of the bright orange crustaceans. "I see that they sell [in Toronto], but it's so expensive, and it's much fresher and affordable here." British Columbia's spot prawn season is ending this week, with live prawns selling at around $20 to $25 per pound. This spring's season began in mid-May and lasted less than a month. WATCH | How to best enjoy spot prawns: Spot prawn season is on. Here's how to enjoy them 7 days ago Duration 1:44 As spot prawn season returns to B.C., CBC dropped by the False Creek Fishermen's Wharf near Granville Island to get some tips on how to enjoy fresh spot prawns. Domestic buyers like Jang make up only a small share of the market, but this year it was an important one, with China's 25 per cent tariffs on Canadian seafood putting a pinch on exports. China has recently bought upwards of 80 per cent of B.C.'s prawn exports, and Christina Burridge, executive director of the B.C. Seafood Alliance, said the March 20 tariffs were a "real problem" for fishermen and exporters. "Chinese customers don't want to pay that tariff. So, they expect that the fishermen here and the exporters will reduce their prices by at least 25 per cent, but it's impossible," said Burridge. Mike Atkins, executive director with the Pacific Prawn Fishermen's Association, said the Chinese tariffs were the latest burden on fishermen, as the cost of bait and fishing supplies increased. "Our exporters this year are trying to shift markets a little bit, because it's tough to get it to China with the price, so they're trying to shift back to Japan, which [once] was our main market for spot prawns," said Atkins. "It is really tough for the fishermen this year." About 1,500 to 2,000 tonnes of B.C. spot prawns are landed each year, and about 80 to 90 per cent are typically exported, said Atkins. The B.C. Ministry of Agriculture and Food said the combined value of the province's prawn and shrimp exports were more than $98 million in 2023, with China buying 78 per cent.
CTV News
34 minutes ago
- CTV News
Sault, other officials working on response to U.S. steel tariffs
Industry and labour leaders in the Sault have been meeting to formulate a response to the sudden doubling of steel tariffs by the U.S.
