Apex Mining may exit loss-making gold mining project in Mongolia By Jordeene B. Lagare Billionaire Enrique Razon Jr.-led Apex Mining Co. Inc. is mulling over the divestment of its gold mining assets in Mongolia to recover losses from operating the project. Apex Mining president and CEO Luis Sarmiento visited Mongolia to discuss this with the partners there, according to Apex Mining investor relations officer Ramon Peter Adviento. 'We might be divesting our Mongolian assets, hopefully, reverse that impairment charge of P1.

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