October 31 - November 20 2012 | IM | Written by Julie Bain
Various factors cloud the investment case, but the proposition for mining stocks add up
South Africa's mining industry has changed forever. Labour costs are going to be higher in the long term. Labour relations at least for a year, are going to be unpredictable, increasing the risks. These two factors have substantially clouded the investment case for mining stocks. But investors know that everything is cheap at the right price. The question is, just what is that price?