When Yang Jing heard the number Guo Dabao said, he was also a little stunned.

Although when he saw this ore body using the Sky Eye skill, he thought it was not simple, he really didn't expect that this gold mine named Algula would be so awesome.

After the sluggishness in the past two years, the copper price has begun to strengthen in the past two years. Based on the current price of copper at about US$6,200 per ton, 1.28 million tons of copper are worth approximately US$8 billion!

As for gold, the current price of gold is calculated at US$40 million/ton, 770 tons of gold is worth US$30.8 billion, while the price of molybdenum is now about US$36,400/ton, and 40,000 tons of molybdenum can be worth approximately US$1.5 billion!

That is to say, the overall value of this mine is more than $40 billion!

The cost of open-pit mining is the lowest among all mining methods. All gold mines in the world with mining costs less than US$600 per ounce are open-pit mines. Although the Algula Mine is a copper-gold-molybdenum composite mine, except for the average grade of copper ore that is slightly lower, both gold ore and molybdenum ore can be considered high-grade. So if you combine it, the mining cost of this mine is definitely not much higher. In terms of current copper prices and gold prices, even if you include early investment, the net profit of this mine can be at least 30%. Even if it reaches 40% or even more than half, Yang Jing doesn't think it is strange.

The profits of open-pit mining are far higher than mine mining, which is well known.

So, Guo Dabao said "I've sent it", this is not bragging anymore.

Even if calculated based on a net profit of 30%, after deducting 25% of the Papua New Guinea government, Rongbao Mining can still make a net profit of nearly 10 billion US dollars in this mine!

Moreover, most of the metal mines were mined for more than fifteen years. Even if calculated based on the fifteen-year mining time, this Algula mine alone can bring Rongbao Mining 600 million US dollars in net profit every year.

This is almost the same as the profits generated by a large oil field with a reserve of more than one billion barrels.

As for the ore body found in the strait near Rabaul, Yang Jing was probably even more powerful than this Algula mine, but what would that seabed mine look like? It has to be discussed after the preliminary survey results come out.

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

"Haha, Xiaojing, are you so happy to hear this news?" Guo Dabao's flaunting voice rang again on the phone.

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

"Haha, this is not Uncle Guo, it's your boy Niu Bi!" Guo Dabao did not disobey Yang Jing's teasing at all, but turned around and teased Yang Jing.

Yang Jing shook his head with a wry smile. Yang Jing could understand Guo Dabao's excitement. Guo Dabao has not come back for a year and has been staring at Papua New Guinea. Now that such a huge achievement has finally come out, how can he not be excited?

"Uncle Guo, is there any problem with the survey funds? If it is not enough, I have one."

"Haha, how could it be not enough? With you here, it saved us more than 90% of the survey costs. Because of your precise positioning, we have reduced the survey wells by at least fifty. Now we expect that a total of twenty survey wells can make the situation of these two mines similarly. With this alone, you have saved us at least hundreds of millions of dollars. Xiaojing, you have made great contributions this time!"

Guo Dabao is not saying this nonsense. Everyone knows that mining makes money, especially energy mines and precious metal mines. As long as they enter the mining stage, the mining mineral products will not be worried about selling them on the market.

But this mining is not something that can be opened just by opening. First of all, the survey rights and mining rights are a barrier to more than 99.99% of people entering this industry. Even if you obtain survey rights and mining rights, how to find ore bodies is another big difficulty that traps more than 90% of people entering this industry.

Compared to obtaining survey rights and mining rights, it is the most difficult to truly find ore bodies.

Just like Rongbao Mining, if it weren't for Yang Jing, it would be absolutely impossible for them to find an ore body with an area of ​​less than 0.3 square kilometers in a country with complex terrain such as Papua New Guinea, without spending hundreds of millions of dollars to survey.

A survey well costs about one million US dollars, and to accurately locate an ore body, it is almost impossible to drill dozens or even hundreds of survey wells, unless you leave the dog, shit, and luck, you can drill the survey well to the ore body in an instant.

In other words, the cost of digging wells alone costs tens of millions of dollars or even hundreds of millions of dollars!

But now, with Yang Jing, Rongbao Mining has only dug six survey wells, and has almost completely figured out the situation of the entire ore body. As for the submarine mine near Labaoer, because the area is too large, it is necessary to drill twice the number of survey wells to roughly understand the situation of the ore body.

The most important thing is that in many cases, mining surveys often require that you spend tens of millions of dollars to dig dozens of survey wells and may not find ore bodies! This situation often occurs in mining surveys. The probability of spending money but not being able to find ore bodies is much greater than the probability of being able to find ore bodies.

This is why the survey cost of a mine often accounts for a large part of the entire advance investment.

"Okay, Uncle Guo, if you are polite, we two don't need to say much. If you need my help, just say it. After all, I am also a part of Rongbao Mining."

"Well, Xiaojing, Uncle Guo is even happier with you. But you haven't had anything to do recently. You have done the biggest thing. Leave the rest to us. Just wait at home to collect the money."

Yang Jing smiled speechlessly. He just likes this kind of work atmosphere. He works hard when he should work, but no one cares about you when he should relax.

"Okay, Uncle Guo, if there is anything, just call me."

After hanging up the phone, Yang Jing told Gege about the general situation. Gege was shocked after hearing that Rongbao Mining found a metal mine worth 40 billion US dollars in Papua New Guinea. She knew that her husband was doing a big business now, but she really didn't expect that this "not small" unit was actually 10 billion US dollars, or US dollars...

The business that my husband does is much more than the business that my mother does.

"Okay, from now on, you can make money peacefully, and I can spend money quietly, okay?"

"It's okay, buy whatever you like."

"real?"

"Is this fake? You are my wife. Isn't it just for you to spend money on me?"

"Okay, then can we build a villa next to the Forbidden City Square..." Princess smiled so hard.

Yang Jing:...

Yang Jing finally understood a truth, that is, as a man, he can spoil his wife and love him, but he must not hold his girl to the sky, otherwise her heart would not even accommodate her solar system.

I am still building a villa next to the Forbidden City Square. Why don’t you buy the Forbidden City as a villa? Wouldn’t that be better? I have to waste time building a villa...
Chapter completed!