Two blue-chip miners to buy now

We've been keen on mining stocks for some time now. But the proposed merger between BHP Billiton and Rio Tinto has prompted us to take a fresh look at the sector - and pick out the next likely takeover targets.

We've been encouraging readers to pour money into the mining sector for quite some time. But now that BHP Billiton (BLT) is looking to hook up with Rio Tinto (RIO) to form a mining uber-giant, we feel we have to take another look at things.

Sure, this is a landmark moment but is it a good one? Or is it perhaps a Time Warner/AOL kind of moment one that signals the point at which a boom suddenly becomes a deflating bubble?

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Eoin came to MoneyWeek in 2006 having graduated with a MLitt in economics from Trinity College, Dublin. He taught economic history for two years at Trinity, while researching a thesis on how herd behaviour destroys financial markets.