Energy Transition & Sustainable Innovation

Collective Mining Publishes its 2024 Sustainability Report

Collective Mining

Collective Mining Ltd. is pleased to announce the publication of its 2024 Sustainability Report. This marks the fourth such report issued by the Company and provides a comprehensive overview of its performance and impacts across environmental, social and governance (ESG) dimensions in the Department of Caldas, Colombia.

In 2024, Collective continued to deliver meaningful progress in responsible exploration, technical excellence and stakeholder engagement. Guided by its commitment to “The Collective Way,” the Company deepened its partnerships, enhanced sustainability performance and expanded its flagship Apollo discovery within the Guayabales Project.

Key Highlights from the 2024 Sustainability Report:

  • Zero Lost Time Injuries throughout 2024, maintaining a Total Recordable Injury Frequency Rate (TRIFR) of 0%, underscoring a strong safety culture.
  • 70% increase in direct local employment year-over-year, reflecting growth and preparation for an advanced exploration stage.
  • Over US$410,000 directly invested in social programs, benefiting more than 2,000 individuals in the Company’s area of influence, with a further 43% contributed by strategic partners.
  • 24.6% female participation across employees and contractors and 40% female representation on the Board of Directors.
  • Zero environmental fines or non-compliance events, with 1,200 tonnes of CO₂ offset through conservation efforts protecting 103,022 hectares of forest.
  • Strategic community initiatives including 33 regional partnerships, support to 300 coffee farmers, training for 200 women, Total Recordable Injury Frequency Rate of rural roadways and clean water access for 1,700 people.

Ned Jalil, Chief Executive Officer of Collective Mining, stated: “2024 marked a defining year for Collective Mining. Fueled by strong momentum, expanding discoveries and deepening partnerships, we continued to prove that responsible exploration rooted in collaboration with local communities can serve as a true engine for regional development. With our sights set on an ambitious 70,000 meter drilling program and ongoing progress at the Guayabales and San Antonio projects, we are laying the groundwork for long-term sustainable value creation in Caldas.”

The report is available on the Company’s website at www.collectivemining.com under Sustainability.

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