FORTESCUE METAL GRP
I have pulled out another set of two Australian miners and I’m sure readers will believing I have been obsessed with Australian companies. However, this time around, the two companies that I have picked out are heavy weight mining companies. Since iron ore prices saw a historic rally in post September period, I am assuming that American investors will definitely want to have a look at the earnings preview more »
The race is on! The iron rush, in the Pilbara iron district of Western Australia, is in full force. Forget about watching the World Series, a horse race, or Monday night football. This race to increase iron ore production keeps me on the edge of my seat. The stakes are high and the profit potential is great.
There are three main players. We have two very large and very diversified more »
Who would have thought Australia would deserve close scrutiny for investment? Not me--that is, until I visited Perth, in Western Australia. I visited in 2009, at the height of the great recession, and was immediately struck by the dynamic skyline. There were cranes everywhere; skyscrapers were being erected at an energetic pace. The population was cashed up and on the spend. Everywhere I went people were excitedly expounding on the more »