Diggers and Drillers

While we kicked back on Australia Day with tongs in one hand and a stubbie in the other, it also marked the first day of the annual World Economic Forum in Davos, Switzerland. This junket brings together a couple of thousand politicians, business leaders, intellectuals and journalists to jawbone the financial problems of the world [...]

Editor’s note: It was as bit of an unconventional week here at Money Morning. We asked the five editors of our investment newsletters some questions on how they fared over the year…and what highs and lows they see looming in 2011. Here are some highlights. Normal Money Morning services will resume on Tuesday.] Dan Denning, [...]

This month Money Morning is going international. Diggers & Drillers editor Dr. Alex Cowie is heading off to South Africa tomorrow to kick a few rocks around.
There’s a couple of mining projects over there that he’s got his eye on and so he figured there’s no better way to check out the lie of [...]

The bureaucratic propaganda machine has really ramped up this week. Page 7 of today’s Australian Financial Review (AFR) headlines:
“Super profit tax calls industry’s bluff”
And on the front page the AFR leads with:
“Henry ramps up pressure on miners”
With the subheading, “Claims tax will boost growth.”
To back up the arguments the AFR reproduced a chart and [...]

When looking at stocks for Diggers and Drillers, before even looking at a company report, I start with taking a look a good look at the commodity the company is dealing with.
Think about it, would you go to all the trouble and expense of building a copper mine, if it looked like the price of [...]

Coal is many things, but it’s definitely not sexy.
One of my mates read my most recent Diggers & Drillers newsletter, in which I took a look at metallurgical coal. All he could say was “Coal? It’s not exactly…” before I deftly turned the conversation back to the snags on the barbeque I was manning.
In the [...]

Last night was the Melbourne Mining Club’s ‘Cutting Edge’ night. It was a nice warm night to be in the city, and the streets were buzzing. The event was packed out to listen to the speakers from three mining companies… and of course to get into the gourmet pies and cold beers handed out at [...]

As promised, in today’s Money Morning you can read a guest essay by Lord Christopher Monckton of Brenchley titled “Copenhagen – a sinister non-answer to a non-problem.”
Lord Monckton’s essay is after your editor’s contribution to today’s newsletter.
But before I get on to today’s subject, a small bit of housekeeping. Quite rightly, several readers have [...]