Apex Mining Co., Inc., a company that digs for gold and silver in the Philippines, just announced some great news for people who own shares in their company. On March 17, 2026, they decided to give out much more money to their shareholders than before.

What Changed With the Dividends?

Think of dividends like getting an allowance for owning a piece of a company. Apex Mining used to give out 10% of the money they earned (called net income) to shareholders. Now, they’ve decided to double that to 20%. That’s like getting twice the allowance you used to get!

But that’s not all. The company also announced a special cash dividend on top of the regular one. When you add both together, they’re giving out a total of ₱3.83 billion to their shareholders. That’s a huge amount of money!

According to the company’s press release, Apex Mining’s Board of Directors approved this change during their meeting on March 17, 2026.

Why Are They Giving Out More Money?

Luis R. Sarmiento, who is the President and CEO (the big boss) of Apex Mining, explained that this increase shows the company wants to give more value back to the people who own shares in their company. This is actually pretty special because Apex Mining only started giving out cash dividends in 2022, which wasn’t that long ago.

How Did Apex Mining Make So Much Money?

Apex Mining had a really good year in 2025. Here’s what happened:

• Total money earned (revenues): ₱21.34 billion in 2025, compared to ₱15.1 billion in 2024. That’s a big jump!
• Profit (net income): ₱7.66 billion in 2025, which is 77% higher than the ₱4.32 billion they made in 2024

The company makes money by selling gold and silver from two mines: the Maco Mine (run by Apex Mining itself) and the Sangilo Mine (run by their subsidiary company called Itogon-Suyoc Resources, Inc. or ISRI).

Gold and Silver Sales Explained Simply

Here’s how their gold and silver sales went in 2025:

Gold:

• They sold 100,425 ounces of gold
• Each ounce sold for an average of USD 3,531
• While they sold 4% less gold than in 2024, the price per ounce was 45% higher than 2024’s price of USD 2,436

Silver:

• They sold 365,007 ounces of silver (4% more than 2024)
• Each ounce sold for USD 43.04
• This price was 50% higher than 2024’s price of USD 28.63 per ounce

So even though they sold a little less gold, both gold and silver prices went up a lot, which helped them make more money overall.

What Does Apex Mining Do With Their Money?

According to CEO Sarmiento, the company has been using their earnings wisely over the years. They put money back into:

• Mining operations (the actual work of getting gold and silver out of the ground)
• Exploration (looking for new places to mine)
• Finding new sources of ores (the rocks that contain gold and silver)
• Buying new machines and equipment

Sarmiento also mentioned that even though there are some uncertain things happening around the world, their plans to grow the company are going well. They’re being careful with their spending to make sure they have enough cash.

More Opportunities for Growth

Billy G. Torres, who is the CFO (Chief Financial Officer – the person in charge of the company’s money), mentioned that Apex Mining bought another company called Asia-Alliance Mining Resources, Corp. in 2022. This subsidiary gives them more chances to grow and expand in the future.

About Cash Dividends History

When Apex Mining first gave out cash dividends in 2022, they paid out ₱65.7 million based on their 2021 earnings of ₱657 million. Now they’re paying out much more because they’re making much more profit.

Stock Price Performance

According to the press release, Apex Mining’s stock has done very well. From January 2020 to April 2025, the stock price grew by almost 600%! Between January and February 2026, the stock price went as high as ₱17.68 and as low as ₱11.62 per share.

About Apex Mining

Apex Mining (stock symbol: APX) is a publicly listed mining company in the Philippines. This means regular people can buy shares of the company on the stock market. The company operates the Maco Gold Mine in Maco, Davao de Oro. They also own several subsidiary companies (companies they fully control), including Itogon-Suyoc Resources which operates the Sangilo Mine in Itogon, Benguet, and Monte Oro Resources, Inc. which handles other business interests. Another subsidiary, Asia-Alliance Mining Resources Corp., is currently not operating any mine.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.