- Agnico Eagle Mines (TSX:AEM) will invest C$63.4 million into Collective Mining (TSX:CNL) to top up working capital and further its ongoing exploration in Colombia
- The global mining giant will hold a 14.99 per cent position upon closing
- Collective Mining is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia
- Collective Mining stock has added 172.20 per cent year-over-year and 265.90 per cent since inception in 2021
Agnico Eagle Mines (TSX:AEM) will invest C$63.4 million into Collective Mining (TSX:CNL) to top up working capital and further its ongoing exploration in Colombia.
Collective has options to acquire two projects in an established mining camp with ten fully permitted and operating mines. Its flagship Guayabales project features multiple prospective targets, including the large-scale, bulk-tonnage and high-grade Apollo system, which contains gold, silver, copper…
