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Mining sector set for rebound says Bernstein

Following a period of strong cost control, improving dividends and unprecedentedly low valuations, mining stocks can expect valuations to rise between now and 2022, investment firm Bernstein has said.

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Mining stocks may be set for an increase in valuation over the next two years, according to Bernstein

Bernstein analysed long-term price-to-earnings (Shiller P/E) for the mining industry, finding valuations were at 100-year lows.