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SOUTH AFRICA: Construction plans for proposed $1,000,000,000 manganese ferro-alloy project move...

PROJECT OVERVIEW:

The Russia-based RENOVA GROUP is currently considering an investment in mining projects throughout Africa. In so doing, the company is now moving forward with a large manganese and ferro-alloy project in South Africa. As a result, RENOVA is now aiming to complete a project feasibility study by the first quarter of 2007.

The project alone is considered to be huge since it needs major investments, not only in itself, but also in infrastructure, roads, energy and logistics. In any case, RENOVA has reportedly agreed during Russian President

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