Easy Tycoon

Chapter 634 A Sigh

Hearing the number Guo Dabao said, Yang Jing couldn't help being a little stunned.

Although he felt that the ore body was not simple when he saw the ore body with the Sky Eye skill, but he really did not expect that the gold mine named Algula would be so awesome.

After the downturn in the past two years, copper prices have begun to strengthen in the past two years. Based on the current copper price of about 6200 US dollars / ton, 128 million tons of copper is worth about 80 billion US dollars!
As for gold, if the current gold price is calculated at 4000 million US dollars/ton, 770 tons of gold is worth 308 billion US dollars, while the price of molybdenum is now about 36400 US dollars/ton, and 4 tons of molybdenum can be worth almost 15 billion US dollars!
In other words, the overall value of this mine exceeds 400 billion US dollars!
The cost of open-pit mining is the lowest among all mining methods. Those gold mines in the world whose mining cost is less than $600 per ounce are all open-pit mines.Although the Algula Mine is a copper-gold-molybdenum composite mine, except for the slightly lower average grade of copper ore, the average grade of both gold and molybdenum ore can be regarded as high-grade, so if it is combined , the mining cost of this mine is definitely not much higher.In terms of the current copper and gold prices, even if the initial investment is included, the net profit of this mine can at least be more than 30%. Even if it reaches 40% or even more than half, Yang Jing does not find it surprising.

It is well known that surface mining is much more profitable than mine mining.

Therefore, when Guo Dabao said "sent", he was not bragging.

Even if it is calculated based on 30% of the net profit, after deducting the 25% of the Papua New Guinea government, Rongbao Mining can have a net profit of nearly 100 billion US dollars in this mine!

Moreover, most of these metal mines have been mined for more than 15 years. Even if it is calculated based on the 15-year mining time, only this Algula mine can bring [-] million US dollars of net profit to Rongbao Mining every year. .

That's almost as profitable as a large oil field with reserves of more than a billion barrels.

As for the ore body discovered in the strait near Rabaul, Yang Jing estimates that it is better than the Algula mine, but what the seabed mine will look like will have to wait for preliminary surveys I'll talk about it after the results come out.

However, the seabed mine has been determined to be a silver-gold-platinum precious metal mine, so its value must exceed that of the Algula mine.

"Haha, Xiao Jing, are you overjoyed to hear this news?" Guo Dabao's flaunting voice sounded again on the phone.

"Yeah, Uncle Guo, you're so awesome!" Yang Jing also teased Guo Dabao in a rare way.

"Haha, this isn't Uncle Guo, it's your boy!" Guo Dabao didn't feel disobedient at Yang Jing's teasing, instead he turned around and teased Yang Jing.

Yang Jing smiled wryly and shook his head.Yang Jing could also understand Guo Dabao's excitement.Guo Dabao has not been back for several years, and has been staring at Papua New Guinea. Now that such a huge result has finally come out, can he not be excited?
"Uncle Guo, is the fund for the survey okay? If it's not enough, I have it here."

"Haha, how could it not be enough? You are here, but you have saved us more than [-]% of the survey cost. Because of your precise positioning, we have saved at least [-] survey wells. Now we expect to drill a total of [-] survey wells." You can find out the situation of the two mines with just one survey well, and you have saved us at least hundreds of millions of dollars just because of this. Xiao Jing, you have contributed a lot this time!"

Guo Dabao's words are not nonsense.Everyone knows that mining makes money, especially energy mines and precious metal mines. As long as they enter the mining stage, the mined mineral products will not worry about selling them on the market.

But this mining does not mean that you can open it. First of all, the prospecting right and the mining right are the threshold that prevents more than 99.99% of people from entering this industry. It is a big difficulty that traps more than [-]% of people entering this industry.

Compared with obtaining exploration rights and mining rights, it is the most difficult to really find out the ore body.

It's like Rongbao Mining. If it wasn't for Yang Jing, if they wanted to find an ore body with an area of ​​less than 0.3 square kilometers in a country with complex terrain like Papua New Guinea, it would be absolutely impossible if they didn't spend hundreds of millions of dollars on survey. possible.

A survey well costs about 100 million US dollars, and it is almost impossible to accurately locate an ore body without drilling dozens or even hundreds of survey wells, unless you go to shit. Fortunately, the survey well can be drilled on the ore body at once.

In other words, the cost of drilling survey wells alone would cost tens of millions of dollars or even hundreds of millions of dollars!

But now, with Yang Jing, Rongbao Mining has only drilled six survey wells, and has almost figured out the situation of the entire ore body.As for the seabed mine near Rabaul, because of its large area, it is necessary to drill twice the number of survey wells in order to get a general idea of ​​the condition of the ore body.

And the most important thing is that in many mining surveys, you spend tens of millions of dollars and drill dozens of survey wells, but you may not be able to find the ore body!This situation often happens in mining surveys. The probability of finding an ore body after spending money is far greater than the probability of finding an ore body.

This is why the survey cost of a mine often occupies a large part of the entire initial investment.

"Okay, Uncle Guo, if you're being polite, we don't need to say more. If you need my help, you can just say it. After all, I am also a member of Rongbao Mining."

"Well, Xiao Jing, Uncle Guo is happier with your words. But there is nothing to do with you recently, you have already done the biggest things, and leave the rest to us. You are at home Just wait for the money."

Yang Jing smiled speechlessly. He just likes this kind of working atmosphere. When it's time to work, he works hard, but when it's time to relax, no one is watching you.

"Well then, Uncle Guo, just call me if you need anything."

After hanging up the phone, Yang Jing told Ge Ge the general situation. Ge Ge was also shocked when he heard that Rongbao Mining had found a metal mine worth 400 billion U.S. dollars in Papua New Guinea.She knew that her husband's business is not small now, but she really didn't expect this "not small", the unit is tens of billions, or US dollars
The business done by my husband is much bigger than the business done by my mother.

"Okay, in the future you can make money with peace of mind, and I will spend money quietly, okay?"

"That's no problem, you can buy whatever you like."

"Really?"

"Is this still fake? You are my wife, don't I just let you spend my money?"

"Okay then, can we build a villa next to the Forbidden City Square?" giggling.

Yang Jing: .
Yang Jing finally understood a truth, that is, as a man, he can spoil and love his daughter-in-law, but he must not lift his girl up to the sky, otherwise her heart would not even be able to accommodate the solar system.

You are still building a villa next to the Forbidden City Square, why don't you say that you bought the Forbidden City and used it as a villa?Wouldn't that be better?Save time and have to build a villa.
Seeing her husband's sluggish face, Ge Ge laughed happily, in exchange for Yang Jing's frowning sigh.
(End of this chapter)