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Runescape Guide To Making Money There are 3 main ways to making money in Runescape. Those 3 ways are mining, smithing, and wood cutting. I will explain those 3 in the next section. Mining The best place to mine is the Al Kharid Mining pit. It is South of Lumbridge (across the bridge,) and costs 10 coins to get in. It has a ton of different ores, like copper, tin, silver, gold, coal, iron ,and even some mithril and adamant ores. In order to mine you need (a pickaxe a bronze pickaxe was given to you on tutorial island,) but if you lost that one or sold it for some reason, you can always pick...