disadvantages of nationalizing mines environmental,globalEDGE Blog: To Nationalize or Not? The Pros and Cons of .Nov 19, 2009 . Cons: Nationalizing the mines could significantly decrease foreign investment in South Africa's mining industry, as investors would see their investments at risk with government ownership of the industry. These investments allow the mining industry to provide jobs and growth in the industry and wealth to.disadvantages of nationalizing mines environmental,Debate on Nationalising the Mines in South AfricaFeb 6, 2010 . (Note: the full ANC YL document on nationalisation of the mines can be read here in a PDF version) . The costs include costs to communities surrounding mines, including being pushed off their land; of the destruction of their traditional economies and culture, the destruction of their natural environment,.