Easy Tycoon

Chapter 558 Mining in Papua New Guinea

Chapter 558 Mining in Papua New Guinea

"Is it just the scope of the private mining industry? It seems that the country is still a little cautious about foreign mining investment." Yang Jing rubbed his chin and narrowed his eyes, thinking to himself.

Seeing Yang Jing's expression like this, Guo Dabao closed his mouth tactfully, and after a while, Yang Jing asked: "Uncle Guo, have we determined the scope of our survey rights? Also, if we If you take it, how much scope of survey rights can you get? If a mine is discovered, how will the equity ratio be allocated with Papua New Guinea?"

Guo Dabao said: "The specific scope has not been determined for the time being, but the general scope is temporarily set on Irian Island. Of course, if we can find mineral resources in other provinces of the country, we can also apply for mining in those provinces. Exploration and development. Generally speaking, now that we have the funds and exploration and mining technology in our hands, the Papua New Guinea government very much hopes that we can develop the mineral resources in its territory in the past. As for the distribution of equity ratios, it says that if mineral deposits are discovered, we will The equity allocation ratio with the PNG government is tentatively set at 75% to 25%, but we occupy 75% of the shares in the new mine, while the PNG government takes mineral resources as a shareholder and obtains a 25% ratio.”

Yang Jing was slightly startled and said, "Uncle Guo, this ratio is quite generous."

Of course Guo Dabao could tell which party this so-called "generous" was referring to.In an underdeveloped country like Papua New Guinea, the Papua New Guinea government can directly occupy 25% of the shares by virtue of its mineral resources. This can only be said that the Chinese government is too generous.

You must know that almost all mines in Papua New Guinea are now controlled by large foreign mining companies, such as the largest copper mine in Papua New Guinea, the Panguna Copper Mine on Bougainville Island, even if you look at the whole world, It is also one of the largest copper mines.However, nearly 60% of the controlling stake in the copper mine has been controlled by Rio Tinto.Even though 27% of the shares in this huge copper mine are held in private hands, most of the people who hold these shares are from the richest people in Australia.

There are also the two largest copper-gold mines in Papua New Guinea, the Lihir Island Gold Mine located on Lihir Island and the Borgella Copper-Gold Mine located in the central part of Irian Island, whose controlling shares are owned by Rio Tinto and BHP Billiton This alien is controlled by large mining companies.You know, the proven gold reserves of the Lihir Island Gold Mine alone are as high as 573 tons, and the Borghela Copper-Gold Mine has 420 tons of reserves.These are large gold mines worth tens of billions of dollars.

It can be said that at present, almost all the potential mineral resources in Papua New Guinea are controlled by foreign mining companies, especially those from Australia. The poor Papua New Guinea government obviously has huge and high-quality mineral resources, but it is difficult for them to Gain sufficient benefits from mineral resources.

No way, this is the tragedy of underdeveloped countries.If your national strength is not good enough, you will definitely be bullied!

And now the Huaxia government has directly promised to give the Papua New Guinea government 25% of the shares. What is it if it is not generous?
Of course, high-level considerations are definitely beyond the imagination of ordinary people like Guo Dabao or Yang Jing.The reason why high-level people are high-level people is because they stand high and look far, so they can consider things from the perspective of the interests of the entire country.

Guo Dabao pointed at it helplessly and said, "Don't you know the situation of our company? I can't decide things like this kind of shares. However, if the 25% shares can really be exchanged for It is actually very worthwhile to come to a precious metal mine with low mining cost and high reserves. So, didn’t I just find you? Xiaojing, let’s throw out 25% of the shares, which is equivalent to throwing out 25% of the profit. Therefore, it depends on you whether we can succeed in entering the international precious metal mines."

"Me?" Yang Jing pointed to his nose, then shook his head and said, "Uncle Guo, don't expect too much from me. I don't even know if this great hope technique can be used to find precious metal minerals So, don't expect too much."

"No problem, definitely no problem!" Guo Dabao obviously had great confidence in the so-called "Great Wang Qi Technique", rubbing his hands together and said, "Xiao Jing, let's go to Papua New Guinea tomorrow or the day after tomorrow Circle, you can try your Dawangqi technique first to see if it works, and then we will talk about other things in detail after the results are obtained. Oh yes, Xiaoxiang just flew from Algeria to Papua New Guinea last week, what happened in Algeria It has been completely on the right track, and Xiaoxiang can come here to preside over the work."

When Guo Dabao mentioned his son Guo Xiaoxiang, his face was full of pride. It is obvious that Guo Xiaoxiang has done a good job in Algeria these days, otherwise Guo Dabao, a father, would not be so proud.

"Xiao Xiang is also in Papua New Guinea?" Yang Jing asked in surprise. It's been a while since I saw this fat man who successfully lost weight. Take a walk, Papua New Guinea is not too far from Huaxia."

"Okay, then I can arrange to book a flight ticket? By the way, do you need me to apply for your passport?"

Yang Jing shook his head and said, "No need, I'm holding a Cyprus passport and a dual EU passport, and I can get a visa on arrival for [-] days when I go to Papua New Guinea."

Guo Dabao shook his head helplessly, and gave Yang Jing a thumbs up gesture, as if he was envious of the benefits that a guy with dual passports can enjoy.

Guo Dabao's work was very fast. In just one day, he called Yang Jing to tell Yang Jing that it was an evening flight, and the ticket had been booked. They would have dinner together in the evening and then go directly to the Capital Airport to board the plane.

Yang Jing reckoned that Guo Dabao had already gone through all the formalities and was waiting for him.But since he agreed to go to Papua New Guinea, Yang Jing drove Gege to Guo Dabao's place for a sumptuous dinner, and then bid farewell to the reluctant Gege, boarded with Guo Dabao and seven or eight entourages. Boarded the flight to Singapore.

There is no direct flight from Yanjing to Papua New Guinea. Instead of taking a domestic flight to stop around and finally fly to Port Moresby, Yang Jing and the others might as well fly to Singapore first, and then transfer from Singapore to Papua New Guinea. Flights from the capital Port Moresby.

Such a route is more reliable than flying from the capital to Port Moresby, and there is less delay in between.

Yang Jing and Guo Dabao took the first class cabin, and those accompanying people could only take the business class cabin.

It was still freezing cold when I got on the plane from the capital at night, but when I arrived in Singapore, it was so hot that I wanted to peel off the skin.And when the plane took off from Singapore and flew eastward, crossed the equator and finally landed at the Jacksons International Airport in Port Moresby, the capital of Papua New Guinea, Yang Jing couldn't stand the hot flashes.

Yang Jing belongs to that kind of physique with exuberant anger, so even though he is not fat, he is afraid of heat but not cold.Compared with the hot sauna days in Port Moresby, which is located at about ten degrees south latitude, Yang Jing prefers the freezing cold of the North Pole.

From the VIP room in Singapore, Yang Jing and his group changed into colorful casual summer clothes. Yang Jing even wore an extremely fancy Aloha shirt. He didn't look like someone who came to investigate a billion-dollar business at all. , more like tourists who come to travel and vacation.

The group didn't have a lot of luggage, it was nothing more than some changes of clothes and some simple documents.

I have to say that there are definitely reasons why Guo Dabao was able to make his business so big, and one of the most important reasons is Guo Dabao's character.

Regardless of his body size and fatness, this fat man looks cheerful all day long, just like Maitreya Buddha, but Yang Jing discovered a very decisive side of this man's character through his contact with Guo Dabao during these days.

As long as Guo Dabao is looking for something, he will often be very decisive. Coupled with his sharp eyes and meticulous thinking, this decisive character will often allow him to seize the fleeting business opportunities, so that he can be among them. Get the most benefit.

Just like this trip to Papua New Guinea, if it is replaced by other mining companies, it will usually be inspected first and then inspected. Those who do not inspect three times and five times will never invest rashly.

But Guo Dabao is different. After he learned that the state listed four private mining companies including Rongbao Mining as the first batch of mining companies in Papua New Guinea, he immediately set off for Papua New Guinea and stayed in Papua New Guinea. After working for more than ten days, they immediately decisively invested more than 2000 million national currency and established Rongbao Mining Port Moresby Branch in Port Moresby, the capital of Papua New Guinea.

At this time, the other three qualified mining companies in China are still under investigation.

But it was not enough just to establish a branch office. Guo Dabao decisively transferred Wu Zepeng, the boss of the Yanjing branch, to take charge of the work here temporarily.

Unlike Zhao Meng who is far away in San Francisco, Zhao Meng can only be regarded as Guo Dabao's partner, while Wu Zepeng is Guo Dabao's real right-hand man and confidant. He has followed Guo Dabao since the beginning of his career until now.

In the first half of the year, Yang Jing had a drink with Wu Zepeng because of the work of Jiang Bin's ex-wife Zheng Yating.

So Yang Jing is very aware of Wu Zepeng's ability.Yang Jing is also very relieved to have him in charge of the newly established Port Moresby branch.

After coming out of the airport, Yang Jing saw Wu Zepeng leading three people to pick up the plane outside the gate.Because Yang Jing and his party consisted of nine people, Wu Zepeng brought three cars, all of which were high-powered off-road vehicles.

After all, Papua New Guinea has a lot of mountains, and most of Papua New Guinea's mineral resources, especially metal mines, are mostly located in mountainous areas, so using this kind of high-powered off-road vehicle is far more reliable than those cars.

After the two groups met, they exchanged pleasantries for a while, and then got into the car together, and went straight to the location of Rongbao Mining Port Moresby Branch.

(End of this chapter)

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