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Collective Mining Publishes its 2023 Sustainability Report and Increases its Social Investments in its Area of Influence
Collective Mining Publishes its 2023 Sustainability Report and Increases its Social Investments i...
About this update from Collective Mining Ltd
[{"type":"text","content":"\n\n\n\n Collective Mining Publishes its 2023 Sustainability Report and Increases its Social Investments in its Area of Influence\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Aug. 7, 2024\n \n\n /CNW/ -\n \n Collective Mining Ltd.\n \n (NYSE: CNL) (TSX: CNL) (\"Collective\" or the \"Company\") is pleased to announce the release of its 2023 Sustainability Report, which outlines and critics the Company's impacts, mitigation measures, and overall stewardship of the environment, communities, and corporate governance in the Department of Caldas,\n \n Colombia\n \n . In 2023, Collective Mining materially increased its social investment as compared to the 2022 period, with over\n \n $280,000\n \n invested on a standalone basis and\n \n $822,944\n \n on a cumulative basis with strategic partners. Investments include but are not limited to community projects, aqueduct enhancements, road construction, communal facility improvements, agricultural initiatives, and support for women entrepreneurs, benefiting over 1,700 individuals.\n \n\n\n\n\n\n\n\n\n Notable highlights in 2023 from the Sustainability Report are as follows:\n \n\n\n A favorable Total Recordable Injury Frequency Rate (TRIFR) of 0, closing 2023 with a record of 710 days without lost time incidents.\n \n\n\n\n Planting 1,900 seedlings to protect areas close to sources of water with particular emphasis on supporting aqueducts in our area of influence.\n \n\n\n\n The Company conducted its second carbon footprint assessment and achieved carbon neutrality by purchasing 700 offset credits from the conservation project \"Delfines Cupica REDD+.\"\n \n\n\n Omar Ossma, President and CEO stated, \"By integrating our sustainability initiatives at such an early stage into our operating matrix, we are building a strong foundation in our host region, which will serve to ensure a successful mining project in the future. This is 'The Collective Way'. As always, we want to extend our appreciation to all of our strategic partners in the region, as well as to the communities...