- CEO
- Luis R. Sarmiento
- Full Time Employees
- 1,964
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Pasig Philippines
- IPO Date
- Jan 10, 1986
- Business
- Apex Mining Co. Inc. is a Philippine-based mining and mineral exploration company primarily engaged in the extraction, milling, and production of precious and base metals, focusing predominantly on gold and silver. Founded in 1970 and headquartered in Pasig City, Philippines, the company operates within the metals and mining sector through two principal operating segments: the Maco Mine and the Sangilo Mine. Its core operations encompass the Maco gold and silver project situated in Maco, Davao de Oro; the Sangilo gold mine and Suyoc project operated through its wholly-owned subsidiary, Itogon-Suyoc Resources, Inc. (ISRI), in Benguet; and various exploration, energy, and environmental management assets held through Monte Oro Resources & Energy, Inc. (MORE).
The company's primary products and services comprise: gold doré bars and silver doré bars produced via underground vein mining, carbon-in-pulp (CIP) and carbon-in-leach (CIL) processing, Merrill-Crowe precipitation, and electrowinning; refined gold and silver bullion supplied to domestic and international refiners, including the Bangko Sentral ng Pilipinas and overseas metal trading institutions; base metal concentrates, including copper and zinc mineralized material identified across its exploration tenements; mineral exploration, metallurgical testing, resource drilling, and geological survey services across greenfield and brownfield prospects; underground mine engineering, contract drilling, and mine development services; and waste-to-energy and environmental remediation support services conducted through specialized subsidiaries.
In recent developments, Apex Mining Co. Inc. has actively advanced its production expansion programs and strategic asset consolidation. Through its subsidiary Itogon-Suyoc Resources, Inc., the company has executed the multi-phase capacity expansion of the Sangilo processing mill in Benguet, increasing throughput capacity from 200 tonnes per day toward 400 tonnes per day with ongoing initiatives to scale up to 1,000 tonnes per day. Concurrently, at its flagship Maco Mine in Davao de Oro, the company has implemented major infrastructure enhancements, including the commissioning of advanced tailings filtration and dry-stacking systems to optimize waste management and bolster environmental safety. The company has also expanded its tenement portfolio and regional footprint through the acquisition and integration of mining claims contiguous to its Maco operations, notably involving Asia Alliance Mining Resources Corp. (AAMRC). To support long-term reserve replacement, Apex Mining has accelerated deep underground exploration and diamond drilling programs at both its Davao de Oro and Benguet tenements, while reinforcing operational safety frameworks, mine life extensions, and renewable power integration initiatives across its primary production facilities.