Apex Mining

Welcome to the campus site of Apex Mining Company, Inc (“Apex”). We are  a Philippines-based gold mining company and our main project is Maco Mine on Mindanao Island.  Maco was formerly known as “Masara” but the name change was effected in recognition of the entire municipality where mining occurs rather than one particular village near the mine.   Apex  has 25-year mineral production sharing agreements (MPSA) with the government on a 1,558.5-hectare property and an adjacent 679-hectare property in the resource-rich area.  The majority of Apex's properties are located in Bo. Masara, Maco, and Compostela Valley.  Compostela Valley is a province of the Philippines located in the Davao Region in Mindanao. The province, called Comval for short, used to be part of Davao del Norte until it was made independent in 1998.

Apex has been operating for over 35 years but its management was taken over in late 2005 by a partnership between Crew Gold Corporation and Mapula Creek Gold Corporation Inc., a Philippines-owned mining company. In October 2009 the Crew Gold Corporation shareholding was purchased by a Malaysian based resource investment and development group known as ASVI.   The mine is currently undergoing a full technical review.

The current annual production target for the operation is 25,000 to 30,000 ounces, with a forecast during 2010 to increase this figure. The next six months will see a significant focus on resource evaluation both in the current ore bodies and parallel structures, coupled with increased production from a range of sources.