bonanza

Chapter 306 Mines in Australia
A white man in his early 40s was holding red wine, chatting up young women around him from time to time.

He was tall, handsome, well-spoken, and had a white face, so he quickly hooked up with a young Chinese girl.

"Are you sure you recommend him?" Yang Dongsheng frowned.

Yang Dongsheng wanted to recruit John Smith to work for him, but John Smith recommended his friend.

"His name is Edward Jones. He used to work for the Australian Bureau of Mineral Resources Geology and Geophysics, and later joined several mining companies. A few years ago, he was employed by Macquarie University. , was expelled from the school! I recently came to Hong Kong to teach, and I have good contacts in Australia!" John Smith said.

Yang Dongsheng glanced at John Smith. He didn't expect that he would tell his friend's scandal at the same time. Didn't he want to push his friend?

Regardless of private life, this Edward Jones is indeed the most suitable candidate so far based on his resume. Moreover, this guy has a good appearance, so he might be useful in the future. After all, this is a world that depends on appearances.

"Let's go see him!" No matter who it is, we must meet first before talking.

John Smith nodded and walked out first, "Hi, Ted!"

"Oh, John, long time no see!" Edward Jones immediately left the Chinese girl behind.

"You look a lot fatter, Ted!"

"You've gained a lot of weight too, hahahaha!" Edward Jones thumped John Smith's arm.

"Ted, let me introduce you..."

John Smith introduced the two.

"Mr. Jones, Alice Company is mainly engaged in mining investment. I don't know which companies you have worked for and which fields you are familiar with?"

Edward Jones straightened his tie, "I used to work for Rio Tinto, Anglo American Resources and other companies. During Rio Tinto, I was in charge of Queensland..."

Edward Jones tried to express himself.

Due to his past misdeeds, he currently only got a job in a middle school in Hong Kong. Whether it is salary or status, he is far from being comparable to the general manager of an investment company.

"What about iron ore, one of Rio Tinto's main businesses should be iron ore?" Edward Jones said for a long time but didn't talk about iron ore. Yang Dongsheng could only take the initiative to ask. He was very greedy for Australian iron ore.

"Are you interested in iron ore?" Edward Jones thought for a while, "This is more troublesome! I haven't heard that Hancock Exploration Company has a new mine recently..."

"Hancock Exploration Company? What is the relationship between Rio Tinto's iron ore and this Hancock Exploration Company?" Yang Dongsheng had known Rio Tinto for a long time. As for the "Hancock Exploration Company", this was the first time Yang Dongsheng had heard of it.

"Mr. Yang, one thing you may not know is that the iron ore mined by Rio Tinto does not actually belong to Rio Tinto, but to Hancock Exploration Company!"

Until the 50s, when rancher Ron Hancock accidentally discovered the Pilbara iron deposits in the Gobi desert of Australia, Australia was considered an iron ore poor country and even had laws for it The export of iron ore is strictly prohibited.

Ron Hancock took the opportunity to establish the Hancock Exploration Company, and spent more than ten years obtaining the development concession of the Pilbara iron ore and lifting the export ban.

In this way, more than 90% of Australia's iron ore mines belong to a company that many Chinese people have never heard of - Hancock Exploration Company.

But obtaining the concession is only the first step. The investment in iron ore development is huge. Not only does it need to purchase mining equipment, but it also needs to build railways and ports for transporting ore. In addition, it also needs to solve the problem of sales.

Ron Hancock did not have the ability to develop at all. After many encounters, he found Rio Tinto and jointly developed part of the iron ore with Rio Tinto in the form of royalties.

That's why Edward Jones said that those iron ores did not actually belong to Rio Tinto, but Hancock Exploration Company.

Yang Dongsheng didn't have to take the ownership of these iron mines, as the land in his hands was all contracted.

But the problem now is that since the death of Lang Hancock in 1992, his only daughter has started to compete with his third wife for property. Neither party has the heart to manage the company, nor does the other party manage the company.

At present, Hancock Exploration Company's business has basically been frozen. With Yang Dongsheng's strength, he cannot compete with existing companies such as Rio Tinto.

Yang Dongsheng nodded after hearing this, not to mention Edward Jones' ability, at least his understanding of Australia's mining industry is higher than Yang Dongsheng's. Based on this alone, he is worthy of Yang Dongsheng's employment.

However, Yang Dongsheng will not fully trust him. Regarding the companies under his control, Yang Dongsheng insists on firmly controlling the finances in his own hands, and this time is no exception.

Due to the particularity of Alice Company, although Yang Dongsheng is not good at sending people by himself, he will outsource Alice Company's financial and auditing work to an accounting firm.

Edward Jones had no objection to this.

During the conversation, John Smith's big brother rang once, he went out to answer the phone, and gave Yang Dongsheng the news of the diamond buyer - the other party counter-offered $1150 million.

Yang Dongsheng returned it again, asking for a price of 1175 million US dollars. The other party readily agreed and paid the money on the same day.

Excluding the taxes that need to be paid, the middleman’s commission, and John Smith’s legal fees, there are more than 900 million US dollars in Yang Dongsheng’s hands.

Yang Dongsheng injected US$900 million into Alice's company, and opened an account in Hong Kong for a small amount in case of emergencies.

Edward Jones is formally appointed General Manager of Alice Corporation.

After solving these problems, Yang Dongsheng was determined and went to the Sanatorium and Hospital to see Liu Xingguo who had undergone surgery. His complexion improved a lot and he was able to eat independently.

After leaving Liu Xingguo's ward, Yang Dongsheng made an appointment for a brain examination for himself.

Yang Dongsheng also caught up with the last activity of the tour group - going to sea.

A yacht carried them to the open sea, where the sea and the sky were the same color, and the scenery was magnificent.

In addition to looking at the scenery, the tour guide also gave everyone a fishing rod.

But Yang Dongsheng was neither in the mood to look at the scenery nor in the mood to fish. Not long after he went out to sea, he began to faint. When he landed, he still felt his feet shaking.

The fried crab and seafood porridge that followed didn't taste good.

The last few days in Hong Kong are free activities.

Yang Dongsheng opened the door, only to see the guide sneaking around in each room.

(End of this chapter)