Money Making on 07'

Making cannonballs-

Quests in need of completion:
Dwarf Cannon Quest

Levels:
30 mining for coal
35 smithing for cannon balls

Process:
Mine 2 coal for every one iron. Make steel bar. Make cannon balls. This works because you get 4 cannon balls for every one steel bar. So with 2k coal, and 1k iron, you get 4k cannon balls. Cannon balls sell for ~200 each which gives you ~800k gp. It may not be the best money per hour, but it's a good way to train mining and smithing.

Another way to do this would be to buy the iron and coal. It's much faster, but a lot less profit. Depending on your speed, it may actually be more profit overall if you keep doing it over and over again.

Iron ore: 122 gp each
Coal: 270 gp each
Cannon ball: 262 gp each

2k coal + 1k iron = 662k

4k cannon balls = 1.048m

Total Profit =386k

Smelting process:
Withdraw 18 coal, 9 iron. Best places are Port Phastmatys, Neitiznot, Falador, Ardougne, and Edgeville.

Thank you for reading, if I missed anything let me know!

Well, first of all to make a steel bar you need 2 coal and 1 iron. And the fastest place to smelt is Port Phastmatys. Anyway, thanks for sharing this

No problem. I can't believe I mistaked this I'll fix it now. Damn. I made over 50k cannonballs on my main before EOC. Thank you though.