Rushing back to Conero Lake Industrial Park from the airport, I saw Xie Sipeng, who I hadn't seen for a while, and was accompanying a group of people to stand in front of the intersection to the lakeside house to talk, Cao Mo got out of the car and jokingly said: "I haven't seen you for a while, Mr. Xie, where are you having a new love, throw our Sister Zhang Min alone and Draculamo, aren't you afraid of being seduced away by a bad guy like me?"

Xie Sipeng's secretary Zhang Minjiao glared at Cao Mo with disgust.

Although when they first met, Zhang Min was quite cold to Cao Mo, who seemed to be nothing at that time, but in the past two or three years, she has been by Xie Sipeng's side and has had no less contact with Cao Mo than anyone else, and she also knows that the seemingly harmless big boy in front of her is not so easy to get along with.

"I've been to Akwa for the past two months, and you want to come with us to find a new love?" Xie Sipeng asked with a grin.

Akwa is also a West African country on the coast of the Gulf of Guinea, just across Benin from Kanem.

When he returned to Kanem in early May, Cao Mo heard from Yang Deshan that a gold mining team had discovered placer gold deposits in Akwa, and not only did Xie Sipeng rush to Akwa to investigate the situation on the spot, but he also heard that Xu Sheng had sent his nephew Xu Ling to Akwa.

Cao Mo didn't expect Xie Sipeng to leave, and he didn't return to Kanem until now.

Looking at Xie Sipeng's high-spirited appearance, he didn't need to ask to know that his trip to Akwa had gained a lot; and then looked at the people who stood with Xie Sipeng, like Xu Sheng, most of them were investors who had entered Longta to mine placer gold and shallow rock gold in the past two years, and it is estimated that they also asked Xie Sipeng to return to Kanem to inquire about the placer gold mining in Akwa.

Xie Sipeng and the others happened to come to Lakeside Yashe to eat, and Cao Mo met him, and naturally it was La Xiaojun who had a meal with them.

Akwa has always been a traditional gold producer in Africa, with only six or seven times the size of Kanem in terms of land area and population, but the annual gold mining volume is no less than that of Kanem.

Although Cao Mo did not personally rush to Akwa to take a look at the field, he has always been concerned about Akwa's gold mining.

Akwa, still ruled by a military junta, has much tighter control over the country's economy and industry than any other democratically elected country in West Africa, prohibiting placer gold mining and restricting foreign capital from entering its country in order to protect its gold resources and natural environment from destructive exploitation.

In the mid-sixties, when it was freed from colonial rule, the Akwa authorities even nationalized the gold mines and large and medium-sized gold mining companies that were then controlled by European and American capital.

Akwa currently exports up to 2 million ounces of gold per year, making it a second only source of foreign exchange earnings after oil and cocoa exports.

Although the Akwa authorities tightly controlled the gold resources in its territory, prohibiting placer gold mining and restricting the entry of foreign capital, in order to curry favor with local powers, it was stipulated that local gold placer mines of less than 25 acres could be kept for mining.

Since the rapid rise in international gold prices last year, more and more investors have poured into West Africa from China in search of gold, and some people soon discovered this loophole in Akwa, and they all adopted a model similar to the early days of the Ibogu gold mine, looking for local tribal leaders, investing in small-scale placer gold mines, and holding the control of the mines in the form of leasing equipment and entrusting operations.

Compared with a huge investment, mining costs and engineering technology have a high threshold for rock gold mining, the mining of small-scale placer gold mines is so simple that only one excavator, one placer gold placer machine, one diesel generator, two water pumps and a set of oxygen guns can be operated.

This is especially suitable for investors who have raised only one or two million yuan in capital and then ventured into Africa.

The placer gold resources on the side of Longta are limited, and the gold resources of the shallow rock are also limited

In the past, everyone invested a certain amount of money to explore and discover that there were indeed a lot of rock gold deposits in the sedimentary rock layers deeper underground, but even Xie Sipeng was very angry about the deep rock gold mining that required an investment of tens of millions of dollars at a time and the gold mining cost per ounce could be as high as five or six hundred dollars.

If the international gold price maintains the upward trend at the beginning of the year, they can still grit their teeth and raise additional investment, but by the end of April, the international gold price turned around and fell, and for the past two or three months, it has remained fluctuating between 600 and 620 US dollars per ounce.

Accompanying Xie Sipeng and them to drink and chat, Cao Mo saw that there was a hole to exploit on Akwa's side, and Xie Sipeng and Xu Sheng were still quite tempted.

Cao Mo had no way to be tempted, the Felician family's gold mining company had developed to the current scale, and if it wanted to develop further, it was impossible to put its mind on the crooked path.

Listening to Xie Sipeng's chat, the gold mining investors who are currently entering Akwa, cooperating with local tribes, are all based on their financial strength to win several small-scale mines, invest in excavators and placer gold machines, and quickly mine the placer gold resources in the mine and then change to a new place.

This kind of predatory mining is only suitable for short-term speculation by small-scale capital of a few million to 20 million or 30 million yuan - even if Akwa did not have strict restrictions on foreign capital entering the domestic gold mining field, Cao Mo would not have engaged in short-term, predatory placer gold speculation at this time.

In addition to restricting foreign capital in Akwa, it is also difficult for Cao Mo to acquire one or two rock gold mines in other West African countries with clear reserves and slightly lower mining costs.

Even if the international gold price has fallen now, it is still running at a high level compared with the beginning of 04 and 05.

Many rock gold mines in West African countries that have been operated and mined with low profits have made good profits, and now they have to talk about the acquisition, and the purchase price of large and medium-sized gold mines with more than ten tons of proven reserves is quite gratifying.

The European and American companies that control these gold mines behind them have considerable capital strength, and unless the purchase price is very attractive, they will not rush to sell high-quality gold mine assets.

Cao Mo is still pinning her hopes on the Aguta mine south of Porto-Novo.

The exploration work in the Aguta mining area has just begun, and the current proven reserves are only more than one ton, and it is naturally not worth investing tens of millions of dollars in mining at the current international gold price, let alone building a refinery to improve the comprehensive mining rate.

However, the current exploration area is still very narrow, and the potential theoretical reserves of the entire Oguta mining area are very large, and the follow-up is still worth looking forward to.

............

............

There was no entertainment that men liked to see on Conero's side, and everyone drank and chatted until late at night before returning to their rooms to rest.

At present, Lakeside House also has more than 50 guest rooms, the wooden house seems to be built relatively rough, the investment is limited, can not be polished in the details of the guest room decoration exquisite, but the low cost of investment in the garden construction is very in place.

Connected by stone walkways, patchwork of tropical plants, and shallow pond wooden bridges, many investors with operations in Lunta have begun to rent rooms at Lakeside House for a long time.

Xie Sipeng and Xu Sheng didn't leave until the end, sat in the wooden pavilion next to the dock, and asked Cao Mo: "I heard that the Yibogu gold mine has new equipment, and the next step is to mine deep rock gold, right?"

"In the upper reaches of the Ibogu River and the Gray Crow River, the placer gold and the shallow rock gold are just a little bit, and they may be mined next year, and the proven reserves of deep rock gold have been six or seven tons, and the theoretical reserves are higher

The profit is still guaranteed. "Not to mention the specific equity distribution of the Filician Gold Mining Company, everyone almost knows how many proven reserves and mining costs there are in the Ibogu gold mine, and Cao Mo does not need to hide anything.

Cao Mo has plenty of money on hand, and he decided two months ago to invest an additional $8 million in the Ibogu gold mine, and a new mine is currently under construction so that by the end of the year, the few placer gold resources will be exhausted, and the scale of the Ibogu gold mine can be maintained.

"Is it possible for Felician and the Sika family to acquire our equity in the Jonai Gold Mine?" Xie Sipeng said straight to the point at this time.

Cao Mo glanced at Yang Deshan, and could see that Xie Sipeng and Xu Sheng had discussed this matter with Yang Deshan before, but Yang Deshan still patiently did not say it, but waited for Xie Sipeng to mention it directly to him after returning to Kanem.

"The Jonai Gold Mine is doing very well, and now the gold price has fallen a bit, but at this level, how can you get a total of four or five million dollars this year?" Cao Mo asked.

Yang Deshan, Xie Sipeng, and Xu Sheng, their investment in the Qiaonai gold mine has already been recovered, and the four or five million US dollars they can get this year will be a net profit; even if the shallow rock gold is mined, they will not be able to continue, and they will be able to recover another amount of money by selling second-hand equipment.

Either way, they're the ones who eat crabs in Africa.

"The Jonai gold mine, which is relatively easy to mine in the shallow rock gold, can generally continue to be mined until the end of next year, and the mining cost of deeper rock gold is still too high, and we have not built a refinery, and the comprehensive mining rate is low, and the gold tailings can only be sold cheaply to the Felician family, so it is difficult to make up my mind to increase investment now......," Xie Sipeng said with emotion.

"In addition to the placer gold mines, what other good ways have you found in Akva, and you are in a hurry to take away a sum of money?" Cao Mo asked curiously.

The investment in Akwa's placer gold mines is very limited, and it can be done with tens of dollars or two hundred thousand dollars, which attracts a large number of gold diggers to speculate in the past, and even if ten or eight small-scale mines are won at the same time, an investment of two or three million dollars is enough.

In Cao Mo's view, if Xie Sipeng only invests in mining gold mines in Akwa, there is no need to rush to get rid of the equity of Qiao Nai Gold Mine. If there were no other places where money was urgently needed, Xie Sipeng could have waited for the shallow rock gold of the Jonai gold mine to be mined before considering the follow-up finishing work.

"Haha, no, now the domestic demand for iron ore is very hot, and many mining ships have gone to West Africa to transport iron ore back to China - Akwa has iron ore and iron ore terminals, so we want to raise funds to buy a mining ship. Xie Sipeng didn't hide it from Cao Mo and said frankly.

To put it bluntly, the focus of investment ideas is different.

Cao Mo is now making a heavy asset investment in Kanem, and if the economic and political situation he faces changes drastically, the losses will be extremely heavy.

Xie Sipeng pumped out their funds to buy ore carriers, in addition to valuing the increasingly popular iron ore trade, another point is that the registration of ore ships is in China, which is equivalent to their investment from Kanem for the purchase of domestic secondary production, and at the same time do not delay their development of various profitable businesses in West Africa.

Of course, Cao Mo could also see that the bloody dispute between the Jidam family and the Tubman family had touched Xie Sipeng and Xu Sheng more or less, prompting them to speed up such a change.

"Even if I can convince the Felician family to buy the equity in your hands, the Felician family mainly looks at this acquisition from the perspective of increasing the mineable reserves in the mining area, and it is unlikely that any additional equipment will be added to the Jonai Gold Mine in the future, so the purchase price may not meet your expectations!" Cao Mo didn't mind expanding the scope of the Ibogu Gold Mine, but he didn't know Xie Sipeng's specific psychological price, and he only said vaguely at the moment......