Apex Mining Co., Inc. announced the Election of Mr. Roel Z. Castro as a member of the Board of Directors of APX to fill the vacancy in the Board when Dr. Walter Brown declined another term in the Board. The appointment will be effective from July 12, 2023. Mr. Roel Z. Castro Mr. Roel Z. Castro is the President and Chief Operating Officer of MORE Electric and Power Corporation. Previously, he was the President and CEO of ABrown Company Inc. (ABCI), President of Palm Thermal Consolidated Holdings Corp., Palm Concepcion Power Corp., Peakpower Energy Inc. and Hydro Link Power Corp. He was a former director in APX.
He finished BS Agricultural Business from UP Los Baños and Master's Degree at Asian Institute of Management.
Apex Mining Co., Inc. is a Philippines-based company, which is engaged in the business of mining, milling, concentrating, converting, smelting, treating, preparing for the 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. It operates the Maco Mines in Maco, Davao De Oro. Maco Gold Mine is situated in the municipalities of Maco and Mabini. It holds interests in Monte Oro Resources & Energy, Inc. (MORE), which owns Paracale Gold Ltd., which owns Coral Resources Philippines Inc., which in turn owns a mineral processing plant in Jose Panganiban, in Camarines Norte, and Bulawan Mineral Resources Corporation. It also holds interest in Itogon-Suyoc Resources, Inc., which is a subsidiary of the Company, which consists of the Sangilo Mine in Itogon and the Suyoc Mine in Mankayan, both located in Benguet Province, and the Benit Claim in Labo, Camarines Norte.