Chapter 9: Take the Gold Mine
Prospecting for a mine is a process that must be followed in order to obtain a mining lease.
Returning from Tombstone Mountain, Mo Fan immediately asked the lawyer to write the mining lease.
A mining lease is a contract that has both the right to mine and the right to dispose of it. Applicants are required to make sufficient preparations, the most important ground exploration, and the process of developing the plan before applying...... However, the applicant may not be required to show the government information such as mine reserves. The application fee is $1 per hectare or $75 in total.
It was surprisingly easy for Mo Fan to get the mine, and he obtained the mining right for 21 years, which can be renewed. The leasehold of 3,600 hectares covers the main gold mining area, but there are still some veins extending beyond 3,600 hectares. With the completion of Mo Fan's enclosure, Elson, Holke, Jeff, Zhang Dong, and several of them also joined forces to take down a bonanza stream. With enough materials, it is easy and inexpensive to delineate a mine site in the Yukon. The part of the money spent is on mining......
"Get rich, Lao Mo!" "In Baima City, outside the Mine Resources Management Bureau, Zhang Dong's face turned red with excitement as he held the mining rent that still smelled of ink.
Mo Fan touched his chest, and he could still feel the sound of his heart pounding. He was so surprised, he didn't expect to get the gold mine so easily.
Now that the dust has settled, Mo Fan breathed a sigh of relief: "This year will definitely not be able to mine." What are your plans for the rest of the day?"
"A few of us are going to pool the money and discuss the gold panning next year. What about you, such a big gold mine, you can eat it alone?"
Mo Fan rubbed his hands and let out a white breath: "You also have a share in the Great Northwest Gold Mine." I can't eat such a large gold mine alone...... I would like to publish the exploration data and sell some of the mining rights. ”
Mining rights in Canada can be transferred. In fact, in many Canadian mines, it is often individuals or small companies that first acquire mining rights. Individuals and small companies have limited funds and tend to do only preliminary exploration work, transferring the rights to larger mining companies once the ore body is discovered.
The mine found by Mo Fan has a single metal composition and is an open-pit pure gold mine. Because of the climate, the equipment transportation is difficult, only preliminary exploration has been done, and the ore reserve is 60 million tons, gold: 456 tons, grade: 7.6g/t.
Very rare surface super gold mines, the difficulty of mining is very low, and the amount of money invested in mining is small. Judging from the 109 natural gold nuggets that Mo Fan picked up, the gold reserves in the lower layers of the gold mine must be richer.
With such a high-grade gold-rich mine, even if Mo Fan got the mining rights, he would not be able to eat it alone. The consequences of excessive greed are often dire......
No, Mo Fan returned to the hotel, and before his ass was hot, he received a call from Karilov, the vice president of Barrick Gold Company, saying that someone was already in the middle of the air in Whitehorse City, and he wanted to meet Mo Fan.
I think about it with a butt and know it for gold.
Mo Fan hurriedly checked the Alifa Mine Exploration Company on the Internet, but he was in a hurry before, and he didn't read the company's specific information carefully. Fortunately, during the exploration, Mo Fan asked the other party not to contact the outside world, and took away their satellite phones.
After a closer look on the Internet, it became clear that Alifa Mine Exploration Company is a wholly owned subsidiary of Barrick Gold Company. Headquartered in Toronto, Barrick Gold is the world's second-largest gold producer, employing more than 17,000 people full-time.
That must be a text loophole in the non-disclosure agreement......
The Alifa Mine Exploration Company told the head office that the Great Northwest Gold Mine should not be able to sign a confidentiality agreement, otherwise Mo Fan could sue them for bankruptcy if they breached the contract. But even if it does not violate the agreement, Alifa Company also violates the spirit of the contract, and if Mo Fan wants to pursue it, Alifa Company will have no credibility.
The attraction of a high-grade super gold mine was extraordinary, and a vice president flew over when he heard the news.
Mo Fan was a little depressed, but still agreed to meet.
After three o'clock in the afternoon, Karilov and his party came to the hotel, accompanied by the engineer in charge of the exploration of the Great Northwest Gold Mining Area of Tombstone Mountain, Ori.
Ori felt guilty, stepped forward and bowed slightly: "Mr. Ye Mu, I'm so sorry, the employees under my command didn't keep their mouths shut, and the news leaked out." ”
"Ori can't be blamed for this, the leaker is a temporary worker who has been fired by us. I came here to apologize...... By the way, I'm Karilov, Vice President of Barrick Gold, and it's an honor to meet you. "Karilov is the kind of Caucasian who is tall and wide, standing in front of the well-proportioned Mo Fan in stark contrast, with a domineering posture, not at all like he came to apologize.
"There is no need to apologize, I think the purpose of your coming here is for the Great Northwest Gold Mine. ”
"Hmm. Our company is willing to pay 300 million to buy the mining rights in your hand, 300 million, US dollars. Karilov smiled and gestured three fingers.
Mo Fan chuckled: "Mr. Karilov, I want to say that you are daydreaming. Please leave and ...... not far away."
Karilov's face changed: "Four hundred million, four hundred million dollars." ”
"Please leave. I'm a little tired and ready to rest. ”
"You ......"
Mo Fan frowned: "If you want to threaten me, you can't do it?" What about the vice president, at best, he is just a senior worker, pretending to be forced in front of Lao Tzu.
Ori hurriedly pulled Karilov, who was a little angry, and apologized to Mo Fan: "I'm sorry, Mr. Karilov's mood has been unstable recently, and I hope there will be a chance to talk again." ”
"I am ready to fully explore the Great Northwest Gold Mine and then look for a partner. Mo Fan shrugged his shoulders and made a gesture to leave.
……
The winters in the Yukon are long and cold.
The land was frozen and there was a thick layer of snow. The Great Northwest gold mine is further north of Dawson, and the only way to mine is to wait until the snow melts, probably until June next year, and the best time for mining is only three months.
Although he can't mine now, Mo Fan can do some pre-gold preparations, buy equipment, contact the roadbed engineering company in advance, apply to the Yukon government for road construction, and so on. All this needs to be done by June next year, and there is plenty of time.
Before this, Mo Fan also wanted to buy the land where the gold mine was located.
Land use rights and mining rights in Canada are handled separately, and if the land ownership is privately owned, the miner must obtain the consent of the landowner to enter the land, and if the private person does not agree, he must go through the legal process. The land is owned by the state (usually the local government), and the mining rights holder can directly enter without spending money.
Mineral rights and land ownership consent are important. On state-owned land, a mining lease was obtained, and it was much easier to buy the land further, for fear that Barrick Gold would make a fuss about it.
Similar to what Mo Fan expected, Karilov, who was scolded by him, went directly to Ottawa, wanting to start from the Land and Resources Bureau and get a piece of the pie from Mo Fan.
Mo Fan hurriedly contacted the lawyer, and took advantage of the fact that the Bureau of Mineral Resources had not yet gotten off work, and went again.
Selling the land to Mo Fan, even if it is land with gold mines, will not cause any loss for the Yukon government, but will increase the income. How much money did Mo Fan make from gold panning, and how much tax should he pay or how much tax he should pay. If it is private land, you can apply for some permanent buildings on the land, and you don't have to worry about the term of the mining rights......
Professional things are left to professional people to do, and Mo Fan hired a lawyer to be responsible for talking to the local government. It took only two days for the regional government to agree to the deal, 100 square kilometres, $12 million.
The land is in Mo Fan's personal name, and he is privately owned, so as to double the guarantee, the mining rights and land of the Great Northwest Gold Mine are in Mo Fan's hands, and it is difficult for others to intervene.
In mid-December, it's almost Christmas.
Temperatures in Whitehorse are getting colder. Zhang Dong and others left one after another, and each went back to his hometown to raise money to prepare for next year's gold panning work.
Mo Fan's assets have an additional 100 square kilometers of wild ice field, and the main deposits of the Great Northwest Gold Mine are within the land range. and MF Gold's tenements in the 36sq km main area of the Great Northwest Gold Mine...... Fortunately, there was no bargaining process, and if it was two days late, the transaction of 100 square kilometers of land would have been stopped by the Land and Resources Bureau due to Barrick Gold's negotiations.
After completing the transaction and filing income tax returns, Mo Fan boarded a flight to Vancouver......