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Welktickler
Posted - 2008.12.12 11:22:00 - [1]
 

Hi
I am newish to eve and I am looking for some opinions.
I am finding that jetcan mining in my retriever I can fill a can, haul, refine and sell in about an hour. From this I make about 2mil isk. My problem here is that in an hour running a level 2 mission and salvaging or ratting for an hour and salvaging I can make more!! Is this normal? Are high sec mineral worthless? Are the prices likely to rise or fall a lot in the next few months?

Evil Guts
Posted - 2008.12.12 11:44:00 - [2]
 

Put some cargo expander 2's on your rettie and see the diffrance to cargo hold space





sorry mod hit the report button by mistake Embarassed

Welktickler
Posted - 2008.12.12 11:46:00 - [3]
 

Originally by: Evil Guts
Put some cargo expander 2's on your rettie and see the diffrance to cargo hold space





sorry mod hit the report button by mistake Embarassed


I am jetcan mining and I haul using an Iteron mk3 with 3 T2 cargo expanders so some on the barge would not help.

Xindi Kraid
The Night Wardens
Posted - 2008.12.12 11:48:00 - [4]
 

It honestly depends on the ore and what area of space you are in as well as the mission you are comparing it to, but you can make a pretty penny in a hulk and if you can get someone to haul for you (join a corp) you can make plenty more ISKies

Pedare
Gallente
League of the Tiger and Tentacle
Posted - 2008.12.12 11:54:00 - [5]
 

In many cases mining isnt the most profitable way to spend your time.
But From my experience lvl2 missions dont give that much ist. Unless you are lucky with the salvage.

Getting about 2M isk per can sounds a little low so there may be ways to improve that a little. It isnt always that the higher end ores give more isk per m3.

There is a page somewhere (cant rememmber the link) that lists apporx values per can for each type or ore. Try to focus on the most profitable ores if you are just going to sell it.
Then again how you sell the ores can make a big difference.

* Are you selling the ores directly?
* Are you reprocessing them with big losses?
* Are you selling them is stations with the best prices.

All those things make a lot of difference

Lord Fitz
Project Amargosa
Posted - 2008.12.12 11:54:00 - [6]
 

Generally in the game, the things that require more human interaction, make more isk. Even though you can make more running a mission, many people are able to mine while doing something else quite comfortably or run more accounts at once (the reason also why ice makes less than ore per hour). The price of everything in Eve is based upon effort, not time.

Welktickler
Posted - 2008.12.12 12:28:00 - [7]
 

Originally by: Pedare


Getting about 2M isk per can sounds a little low so there may be ways to improve that a little. It isnt always that the higher end ores give more isk per m3.

Then again how you sell the ores can make a big difference.

* Are you selling the ores directly?
* Are you reprocessing them with big losses?
* Are you selling them is stations with the best prices.

All those things make a lot of difference


I mine kernite, pyroxeres mainly with some scor and veld too.
I refine and sell. I have refining lv5, refining efficiency lv4, and processing lv 3 for the ores i mine. I am using 2 T2 strips with T1 crystals.
When I sell I look for the best prices i can find but limit myself to four jumps thinking more time jumping = less time mining. I very rarely have to leave the sys I am in to sell.
I am thinking I should be making more but then again I am quite new....

Gin G
The Helghast Corporation
Posted - 2008.12.12 12:51:00 - [8]
 

Mine good old veldspar the most common ore brings a nice buck


Gavin DeVries
Posted - 2008.12.12 12:52:00 - [9]
 

These are the numbers I ran yesterday, based on mineral prices in Amarr. All values are in ISK per cubic meter, assuming you have perfect refining (you do with those skills), pay no refining tax (no idea if you do or not) and aren't mining the bonus variants (you probably are).

Veldspar: 118.618
Scordite: 104.266
Pyroxeres: 77.809
Plagioclase: 84.059
Omber: 69.921
Kernite: 93.882
Jaspet: 60.821
Hemorphite: 82.017
Hedbergite: 103.367

I'm not bothering to list anything that can't be found in hi-sec, even by exploration. As you can see, Veldspar is the most valuable per cubic meter by a fair margin, with Scordite second. This is because of the skyrocketing price of Tritanium lately. Kernite is third. A full jetcan of veldspar is worth ~ 3.26 million if refined and sold.

Personally, I mine in a Rokh fitted with 8 MDCM IIs with T2 crystals when I mine. I can fill a jetcan in about 27 minutes, then add time spent hauling. Level 2 missions never came close to the money I can make mining, but level 3s are beating it.

Welktickler
Posted - 2008.12.12 12:59:00 - [10]
 

Originally by: Gavin DeVries

Veldspar: 118.618
Scordite: 104.266
Pyroxeres: 77.809
Plagioclase: 84.059
Omber: 69.921
Kernite: 93.882
Jaspet: 60.821
Hemorphite: 82.017
Hedbergite: 103.367
it.


This is very useful. TYVM for that :)

Amad Kadu
Posted - 2008.12.12 13:09:00 - [11]
 

Originally by: Lord Fitz
Generally in the game, the things that require more human interaction, make more isk. Even though you can make more running a mission, many people are able to mine while doing something else quite comfortably or run more accounts at once (the reason also why ice makes less than ore per hour). The price of everything in Eve is based upon effort, not time.


First, this.

Mining is an excelent Profession when you watch your favorite TV Series, do some other tasks, work at home, clean your room (mh...i should go mining again :) )...
Therefore this is an pretty easy task in game, it's not that Profitable (when it's easy) than Missions for example.
Again, this just count into "easy going" Mining in High Sec. In Lowsec/0.0 ...well that's an other point. There you can make several million in a very short time. But then you have to handle with all that risks there (Pirates, BS Rats which are not an easy task for an barge, ...)

In highsec you should stick to Veldspar, Plaque and Scordite. Tritanium is still the best choice in highsec to go for.

Forget about Omber and all that stuff. Omber is even more worth as ore then refined as Isogen is down at 60ISK per unit and Mission Runner need Omber for their SL missions.

As for Mission/Mining Compare. As soon as you can complete L3 and you use your 2nd account for salvage you get much more then mining in high sec during that same time in higsec.
Bloodraider and Angel missions give most times more then 10 million just in salvage components not to speak of named mods going for several millions.

Many Industrials buy off basic T1 Modules for very good prices as they need those for T2 Produktion as they save minerals and produktiontime for those when just buying them from mission runers. Medium and Large T1 Guns are always in demand and you can even sell those for more then their mineral value in several cases. Same for several other mods. Just do some Market Research and you'll notice that.

Just go this way: You have time and realy want to play -> Go for missions (maybe group up with some friends :) )
You just want to earn some ISK and do something else: Go mining. Ice is a great option as you have long cycletimes and can still make some ISK out of it.

Sanguis Sanies
Amarr
Posted - 2008.12.12 13:11:00 - [12]
 

Edited by: Sanguis Sanies on 12/12/2008 13:12:00
Originally by: Welktickler

I mine kernite, pyroxeres mainly with some scor and veld too.
I refine and sell.


well there's your problem, if you mine Basic kernite then sell that RAW (DO NOT REFINE!) it's worth about 200 p/u per unit (more in some places) you can refine the +5% and +10% types (luminous and fiery).

DO NOT MINE PYROXERES it is utterly useless and an absolute waste of time to mine, it contains virtually no noxcium and not enough mexallon to make it worth your time.

you should concentrate on kernite, veld and scordite.

What region of space are you in?? Amarr/caldari/Gallente/Minmatar/High/low/null?

also what are your skill levels? having higher skills means more ore per cycle, more ore per hour, more isk per hour

Welktickler
Posted - 2008.12.12 13:55:00 - [13]
 

If I am reading this correctly you are suggesting that some ores are worth more than the minerals you get from refining? mmmmmmmmmm this mining thing sounds worse all the time. I can make more changing my skills and doing PvE. But on the other hand I want to manufacture. Kinda sucks that industry in eve is poor and fighting means rich.

Gavin DeVries
Posted - 2008.12.12 14:18:00 - [14]
 

Edited by: Gavin DeVries on 12/12/2008 14:18:55
Some ores are worth more than the minerals; you'll need to check each individually. Welk is someplace in Amarr space; kernite isn't naturally found anyplace else. At a guess, either level 3 or 4 storyline mission "Materials For War Preparation" occasionally asks for a bunch of kernite. So, people buy the kernite in Amarr and ship it off to the other territories. I know I've checked Domain, Kor-Azor, Khanid, Tash-Murkon and Kador regions, and there are many buy orders for kernite in the 185-200 ISK per unit of ore range, most wanting between 500,000 and 1 million units. The buying price for luminous and fiery kernite is considerably lower, usually in the 80-100 per unit range. The problem with kernite is that you usually find about 75% fiery kernite in most of the systems I've mined in. I mine kernite when I mine and sell the ore, everything else I refine and sell the minerals.

Edit- typos.

Juraka Furo
Caldari
Warped Mining
Strip Mining Club
Posted - 2008.12.12 15:50:00 - [15]
 

Originally by: Welktickler
If I am reading this correctly you are suggesting that some ores are worth more than the minerals you get from refining? mmmmmmmmmm this mining thing sounds worse all the time. I can make more changing my skills and doing PvE. But on the other hand I want to manufacture. Kinda sucks that industry in eve is poor and fighting means rich.


I would like to point out that if you are mining in high-sec, you will definitely make more money running missions. I mine in 0.0 space and I can pull 40-50mil an hour prett easily. That can fund one account completely wih isk-bought timecards, and I can use my $15 a month to pay for ANOTHER account. It can run a tanked BS with T2 Mining Lasers, and becomes a hauler ever hour and a half. If you do 0.0 mining ops with a fleet, the profit becomes quite nice :)

Just wanted to say that it really matters where you mine. If you join a 0.0 alliance needing industrial member (many do due to the wars going on) you should be able to make more, as well as being a part of a cool alliance :D

nether void
Caldari
Brotherhood of Suicidal Priests
R.A.G.E
Posted - 2008.12.12 19:03:00 - [16]
 

Wow great thread. I was mining kernite in my Rokh at an estimated 4.1M/Hr (when I do mine, which is infrequent), but changing to Veldspar I can get 4.8M/Hr. How times have changed. I remember when mining Kernite and Omber were MUCH more valuable than Veld and Sord.

But yeah on lv 4 missions, I'm making probably 20M/Hr, so mining doesn't really compare...although in a huge mining ship it might?

Gavin DeVries
Posted - 2008.12.12 19:10:00 - [17]
 

I've been tracking the ISK/m3 values of ores since late September only, but the one odd thing I've seen in that time is that the value of Kernite has been more or less constant. It's gone from 96.something to 93.something and back a couple of times. I guess the amount of trit in it is pretty well compensating for the drop of the isogen it produces. Mexallon hasn't varied all that much in that time; it's down but not that badly, at least in Amarr.

Mara Rinn
Posted - 2008.12.13 09:43:00 - [18]
 

If you're in hisec, you should be mining Veldspar, in a Hulk. The Hulk (with cargo expanders) can hold two or three cycles of ore in its hold (depending on your yield bonuses). You can use those three cycles (nine minutes) to go do other stuff like ironing or washing dishes.

If you're sitting at the keyboard, you should be running level 4 missions.

Kernite is valuable simply to feed storyline missions. It's a relatively slow turnover, and you need to have sell orders in the station with the storyline agent. Look for level 4 storyline agents in your vicinity. The mission asks for 9000 units of Kernite.

Veldspar is the only ore you really need to worry about mining in hisec. The demand for tritanium will expand as fast as the supply grows. Other minerals are supplied in large enough quantities by the module reprocessing market (and the clueless miner market).

Build yourself a spreadsheet listing the ore types, refining batch size, volume of ore, mineral output per refining batch, link it all to mineral prices to return two columns - ISK/cubic metre, and ISK per unit. Now you can expand that spreadsheet to include modules (batch size of 1) and ammo (batch size 100), and start your life in the module reprocessing market!

Stick to mining the ore that is worth the most per cubic metre. If a module refines for more than current sell orders, refine it. Otherwise post a sell order in a local market hub.

Have fun!

Cheopis
Amarr
One Stop Mining Shop
One Stop Research
Posted - 2008.12.13 10:10:00 - [19]
 

Originally by: Mara Rinn


Stick to mining the ore that is worth the most per cubic metre. If a module refines for more than current sell orders, refine it. Otherwise post a sell order in a local market hub.

Have fun!



Might I add that if a module refines into minerals that are worth more than what they are selling for on the market, you should buy those modules, refine them, and sell the minerals.

ugh

Raijen Ar'Desh
Gallente
Interstellar Business Machines Corp.
Posted - 2008.12.13 18:08:00 - [20]
 

Originally by: Pedare
There is a page somewhere (cant rememmber the link) that lists apporx values per can for each type or ore. Try to focus on the most profitable ores if you are just going to sell it.



Ask and ye shall receive

http://cerlestes.chaos-servers.de/oreprice.php

PuRuSkA
Posted - 2008.12.13 18:40:00 - [21]
 

Well a litle error found kernite storyline level 4 is 8000 kernite request
but like some say the rate of selling is somewhat depressive, but yeah it value like 2 time is refined value

if you doing mission and want to do manufacture in fact you get allready what you need, made sure you loot evey wreck and reprocess all those tech 1 noname (meta 0) module that don't value marketting. As most of them can be made with bpo then go for the mineral, you will get ratio near what ship building require
for the extra tritanium and scordite you might require then mining veldspar and scordite might be ok :)

at level 4 mission you will do more than 10m/hour + get lot of mineral even some morphite for the t2 building on the large drone
there is a drone mission level 4 where i get about 10 mil value in mineral from reprocessing

CmdrCally Achura
Posted - 2008.12.29 20:17:00 - [22]
 

Hi all i'm newish to Eve and iv'e been doing alot of mining. While mining the other day I noticed that it says that deep core mining of pyroxeres yeilds nocxium if this is so why do u all think it sucks?

Pwett
QUANT Corp.
QUANT Hegemony
Posted - 2008.12.29 20:21:00 - [23]
 

Don't pay attention to the description. All pyroxeres yield nocxium and ever since the introduction of the Drone Regions, nocxium isn't worth the cap used to mine it.

ingenting
Garoun Investment Bank
Posted - 2008.12.29 21:51:00 - [24]
 

Originally by: CmdrCally Achura
pyroxeres yeilds nocxium...why do u all think it sucks?

please learn to read:
Originally by: Gavin DeVries
Veldspar: 118.618
Scordite: 104.266
Pyroxeres: 77.809
Plagioclase: 84.059
Omber: 69.921
Kernite: 93.882

that is ISK value per M3. THAT's why we think it sucks. And yes, that is including nocxium.

Breaker77
Gallente
Reclamation Industries
Posted - 2008.12.29 21:59:00 - [25]
 

Originally by: Cheopis

Might I add that if a module refines into minerals that are worth more than what they are selling for on the market, you should buy those modules, refine them, and sell the minerals.

ugh


Stop revealing secrets Very Happy

Barbara Nichole
Cryogenic Consultancy
Black Sun Alliance
Posted - 2009.01.04 01:00:00 - [26]
 

Quote:
The price of everything in Eve is based upon effort, not time.



This is not really true. ..At some point time spent becomes equal to effort. They are the same thing. It's only for short time and low cost items that time seem negligible.

Lord Fitz
Project Amargosa
Posted - 2009.01.04 04:33:00 - [27]
 

Originally by: Barbara Nichole
Quote:
The price of everything in Eve is based upon effort, not time.



This is not really true. ..At some point time spent becomes equal to effort. They are the same thing. It's only for short time and low cost items that time seem negligible.


Time spent is equal to effort if the all the time you are spending requires effort. In this case, when you can spend almost all of it AFK, it's not.


 

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