Collective Mining
Collective Mining Ltd. is a Canadian-domiciled mineral exploration company discovering and developing gold, silver, copper and tungsten deposits in Colombia, anchored by the flagship Apollo system at the Guayabales Project and listed on the TSX and Nasdaq (CNL).
- Company typePublic
- Founded2020
- HeadquartersMiami, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What Collective Mining does
Collective Mining Ltd. is a Canadian-incorporated mineral exploration company that acquires, explores and develops gold, silver, copper and tungsten deposits in Colombia's Middle Cauca belt. Founded in 2020 by the team that previously developed Continental Gold Inc. — sold to Zijin Mining for approximately C$2 billion in March 2020 — the company is dual-listed on the Toronto Stock Exchange and the Nasdaq Global Select Market under the symbol CNL, with its principal executive office in Miami, Florida. Its flagship asset is the Guayabales Project, anchored by the outcropping Apollo system, a large-scale, bulk-tonnage and high-grade Au-Ag-Cu-W discovery featuring multiple mineralization styles (upper brecciated porphyry, lower partially reduced intrusion-related system and overprinting carbonate base metal veins); a second project, San Antonio, hosts the Pound, Real and Euro grassroots targets.
The company's technical platform rests on grassroots exploration targeting of intrusion-related mineral systems, multi-phase drill programs and a proprietary AuEq calculation methodology that bakes in specific metal prices and recovery assumptions. As of early 2026 Collective had completed more than 184,000 meters of diamond drilling (120,000m at Apollo alone), was operating 13 diamond drill rigs across Guayabales, planned up to 100,000 meters of drilling in 2026, and was advancing a 3-kilometer underground exploration adit at Guayabales toward Q4-2026 construction with Q1-2027 underground drilling at the Trap target. Management and insiders own 45.2% of shares, and the board includes former senior figures from Kinross, Continental Gold, Resource Capital Funds, the Colombian National Mining Agency, and the Ministry of Transport.
Collective Mining is pre-revenue and finances exploration entirely through equity capital. It raised C$46.35M in October 2024 and C$140M in October 2025 via concurrent bought-deal financings (the latter with participation by Agnico Eagle Mines), held US$113.3M in cash as of March 31, 2026, and is covered by analysts at BMO, Canaccord Genuity, Clarus, Roth Capital, National Bank of Canada and Scotiabank. Future revenue is expected to be generated through mineral production, joint ventures, royalty/streaming arrangements, or asset sales to major mining companies that already operate in the surrounding district (Zijin-Continental Gold, Aris Mining, Atico Mining, South 32, Drummond). Community and government partnerships in Caldas — including a 600 kWp community solar project and post-earthquake relief coordination — support the social license to operate.
Collective Mining firmographics
Firmographics- Name
- Collective Mining
- Legal name
- Collective Mining Ltd.
- Website
- https://collectivemining.com
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Short description
- Collective Mining Ltd. is a Canadian-domiciled mineral exploration company discovering and developing gold, silver, copper and tungsten deposits in Colombia, anchored by the flagship Apollo system at the Guayabales Project and listed on the TSX and Nasdaq (CNL).
- Ownership category
- akta.pro rank
Collective Mining industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Other Metal Ore Mining (21229), Copper, Nickel, Lead, and Zinc Mining (212230), Support Activities for Metal Mining (213114)
- SIC
- Metal Mining (1000), Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)
- akta.pro primary industry
- Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)
- akta.pro secondary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
Keywords
Where Collective Mining is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Collective Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Mineral Exploration: Pre-revenue exploration stage company. Revenue generation anticipated through future mineral production from discovered deposits, joint ventures, or asset sales to major mining companies.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels9 records
Collective Mining product offering
Product offeringCore offering
Collective Mining is a mineral exploration and development company that explores for and develops gold, silver, copper, and tungsten deposits at its two flagship projects in Colombia — the Guayabales Project (anchored by the Apollo system) and the San Antonio Project — using grassroots exploration methods and large-scale diamond drilling programs. The company is pre-revenue and currently monetizes its exploration activities through equity capital markets, with future revenue expected from mineral production, joint ventures, or asset sales to major mining companies.
Product overview
Collective Mining is a mineral exploration company operating two flagship projects in Colombia: the Guayabales Project (anchored by the Apollo system) and the San Antonio Project. The Guayabales Project features multiple discovery targets including the Apollo system, Apollo Ramp Zone, Trap, and Plutus. The San Antonio Project includes Pound, Real, and Euro targets. The company conducts grassroots exploration drilling programs to identify and develop gold, silver, copper, and tungsten mineral deposits.
Differentiator
Problem solved
Functional benefit
Products and services
- Guayabales Project Flagship mineral exploration project anchored by the Apollo system, a large-scale, outcropping, bulk-tonnage and high-grade gold-silver-copper-tungsten discovery with multiple targets including Apollo, Apollo Ramp Zone, Trap, and Plutus, located within a 4 km x 5 km target area cluster in the established Middle Cauca mining camp of Colombia.
- San Antonio Project Secondary mineral exploration project located approximately 4 km east of Guayabales, featuring targets including Pound, Real, and Euro, with significant grassroots discoveries including outcropping hydrothermal breccia bodies at the Pound target.
Quantifiable outcome
- Continental Gold sale to Zijin Mining for approximately C$2 billion in enterprise value (March 2020)
- +2 more outcomes
Companies that use Collective Mining
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Collective Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Collective Mining partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor, major and core.
- Colombian Red Cross (Caldas Chapter)minorHumanitarian response partnership following August 2026 earthquake. Colombian Red Cross coordinates relief efforts and provides disaster response expertise to affected communities near company operations.
- ProCaldasminorPrivate-sector alliance for regional development in Caldas. Partner for earthquake relief efforts supporting health infrastructure recovery in affected areas.
- National Federation of Coffee Growers of ColombiamajorStrategic alliance for agricultural development and community support. Previously partnered on coffee farmer assistance programs. Involved in earthquake relief efforts for school infrastructure support.
- ANDI (National Business Association of Colombia)minorBusiness association partnership for earthquake relief. ANDI coordinates private sector recovery efforts and reconstruction planning in most affected areas.
- Guamal Afro-Colombian Community CouncilcorePartnership for community-scale solar power project under Colombia's Comunidades Energéticas initiative. Project to benefit approximately 2,000 residents across 420 households through 600 kWp solar generation capacity. Guamal community provides organized structure and local governance for the initiative.
- Governor's Office of CaldascoreGovernment partner for solar energy initiative benefiting Guamal Afro-Colombian community. Provides regional political support and institutional framework for community energy project.
- Municipality of SupíacoreLocal government partner for solar energy initiative. Project located in municipality of Supía, Caldas department where Guayabales project operates.
- CorpoCaldasmajorRegional environmental authority partnering on solar energy initiative. Provides regulatory guidance and environmental oversight for the community energy project.
- National Mining Agency (ANM) - ColombiacoreColombian regulatory agency that grants mining titles. Granted 9 mining related licenses since September 2022. Ongoing permitting processes support exploration and development activities.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
Collective Mining competitors and assessment
Company assessmentBroad incumbents
- Agnico Eagle Mines Limited: Senior Canadian gold producer with global operations. Highly relevant as Collective's strategic investor with participation rights, and as the most likely strategic acquirer / joint-venture counterparty; provides benchmark for valuation and exit multiple.
- Newmont Corporation: World's largest gold miner, which acquired GT Gold (founded by Collective director Ashwath Mehra). Relevant as broad incumbent comparator and potential acquirer of district-scale gold exploration assets.
- Kinross Gold Corporation: Senior gold producer where CEO Ned Jalil previously served as Chief Technical Officer. Relevant broad-incumbent comparator with operational footprint and active M&A history in the gold sector.
Direct peers
- G Mining Ventures Corp: Canadian-listed gold developer advancing the Tocantinzinho Gold Project in Brazil from construction to production. Directly comparable as a junior-to-mid-tier gold company transitioning from exploration/development toward production, with comparable team pedigree and capital markets profile.
- Aris Mining Corporation: Gold producer operating the Marmato Mine in Colombia adjacent to Collective's Guayabales project, plus Segovia operations. Closest geographic and operational peer, with multi-million-ounce resource base and active construction-stage expansion directly relevant to Collective's district context.
- Atico Mining Corporation: Operates the El Roble copper-gold mine in Colombia and has regional exploration interests in the Middle Cauca belt. Comparable as a Colombian-focused gold/copper operator with mining-stage activities in the same established mining camp as Collective.
- Solaris Resources Inc: Copper/gold exploration company advancing the Warintza project in Ecuador with a discovery-to-evaluation-stage profile. Comparable as an emerging Latin American copper-gold explorer with a flagship district-scale target and similar capital markets positioning.
- Troilus Gold Corporation: Gold-copper-silver explorer-developer advancing the Troilus project in Quebec, Canada. Comparable as a single-asset, district-scale precious/base-metals explorer transitioning through resource definition with comparable team profile and investor base.
- Tudor Gold Corp: Gold-silver explorer advancing the Treaty Creek project in British Columbia's Golden Triangle. Comparable as a discovery-stage precious-metals company with multi-million-ounce potential and a focus on large intrusion-related and porphyry-style systems.
- Condor Gold plc: Gold exploration and development company focused on the La India project in Nicaragua. Comparable as a Central American gold developer with a near-term production profile, similar stage, and emerging-market jurisdiction exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Collective Mining social profiles
Digital presenceCollective Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Collective Mining leadership team
Management profileNumber of profiles
Profiles18 records
Collective Mining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Collective Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Collective Mining
What does Collective Mining do?
Collective Mining is a mineral exploration and development company that explores for and develops gold, silver, copper, and tungsten deposits at its two flagship projects in Colombia — the Guayabales Project (anchored by the Apollo system) and the San Antonio Project — using grassroots exploration methods and large-scale diamond drilling programs. The company is pre-revenue and currently monetizes its exploration activities through equity capital markets, with future revenue expected from mineral production, joint ventures, or asset sales to major mining companies.
Is Collective Mining a public or private company?
Collective Mining is a public company. It is classified as public and is currently operating.
When was Collective Mining founded?
Collective Mining was founded in 2020.
Where is Collective Mining based?
Collective Mining is headquartered in Miami, United States, in the North America region.
How does Collective Mining make money?
One revenue line is on record: mineral Exploration.
Who are Collective Mining's main competitors?
Broad incumbents on record are Agnico Eagle Mines Limited, Newmont Corporation and Kinross Gold Corporation. Direct peers are G Mining Ventures Corp, Aris Mining Corporation, Atico Mining Corporation, Solaris Resources Inc, Troilus Gold Corporation, Tudor Gold Corp and Condor Gold plc.
Does Collective Mining have an API?
No public API is recorded for Collective Mining.
What industry is Collective Mining in?
Collective Mining's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAKAB, Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger), with a secondary code of IMAKAFAL, Exploration & Resource Development (Critical Minerals). Its NAICS code is 21229 and its SIC code is 1000.