Apex Mining Co., Inc. (AMCI) is a proudly Philippine-owned company run by Filipinos with origins in the Maco Gold Mine in Davao de Oro, Philippines. Incorporated and registered with the Philippine Securities and Exchange Commission in 1970 and listed its shares in the Philippine Stock Exchange in 1974 as a public company.
AMCI’s primary business is mining, milling, concentrating, converting, smelting, treating, preparing for market, manufacturing, buying, selling, exchanging, and otherwise producing and dealing in gold, silver, copper, lead, zinc brass, iron, steel, and all kinds of ores, metals, and minerals.
In 2014, the company acquired 100% ownership over Monte Oro Resources & Energy, Inc. (MORE), which has mining and non-mining business interests.
MORE’s mining interests in the Philippines consist of 100% ownership over Paracale Gold Ltd. which, in turn, fully owns Coral Resources Philippines, Inc. and 40% of Bulawan Mineral Resources Corporation, both located in the municipality of Jose Panganiban, Camarines Norte.
MORE has mining interests in other countries consisting of (a) 100% shareholding in Minas de Oro Mongol LLC, which owns 51% equity in Erdenejas LLC, based in Khar At Uul, Mongolia; (b) 90% shareholding in Monte Oro Mining Company Ltd. and MORE Minerals SL in Sierra Leone; and c) 3.92% participation in National Prosperity Gold Production Group Ltd. in Mandalay, Myanmar.
MORE’S non-mining businesses consist of a 52% ownership over International Cleanvironment Systems, Inc. and a 30% participating interest in Service Contract No. 72 for natural gas in the Sampaguita gas field offshore northwest of Palawan, West Philippine Sea.