Minews Story
Date: September 16, 2005

ZincOx Resources Poised To Swing Into Positive Cash Flow From More Than One Source In 2007

ZincOx Resources has worked away in the wings for some time, but the interim results reveal that it is soon to move centre stage. First production is scheduled for 2007, by the end of which Numis Securities, the companys brokers, forecast that the company could have three new projects up and running, producing some 27,000 tonnes of attributable zinc in various forms (eg zinc oxide). Production, say the brokers , could rise to over 100,000 tonnes in 2008 and further to 130,000 in 2009 from these projects.

Add to this the deferred payment from the Shaimarden zinc project in Kazakhstan which ZincOx sold to Kazzinc. Mine development is well underway and 500,000 cubic metres of waste material is being removed every month to make way for the open pit. The first ore should be mined in the middle of next year and the receipt of the first deferred payment should be made, as scheduled, in January 2007. At the current zinc price of US$1,350/tonne these deferred payments could amount to US$5.6 million per annum for a total payment of US$25.85 million payable over a four year period. A useful boost to cash flow and only 16 months away.

The price of zinc is clearly crucial to the future profitability of ZincOx and it is encouraging to see that Hurricane Katrina helped push zinc prices to five-month highs, as the heavy concentrationof LME zinc stocks in New Orleans has created uncertainty over availability of the metal. Warehouses in New Orleans, according to brokers Westhouse, hold 249,000 tonnes of zinc on LME warrant, which is almost half of total global LME zinc stocks of about 560,000 tonnes. Meanwhile, Australian investment bank Macquarie predicts that zinc could be in for a strong period over the next two years. It says it is becoming increasingly bullish on the price prospects for the metal should demand pick up, especially given the lack of new projects coming on line and despite a 30 per cent increase in zinc prices over the past 18 months.

The bank believes a zinc price of US$1,560/tonne by the end of 2006 is easily achievable and in this case the payment to ZincOx in January 2007 would be nearer US$6.5 million. While Macquarie sees the refined zinc market back in balance in 2007, its model is dependent on over 600,000 tonnes/year of as yet uncommitted mine projects coming on stream by 2007. The slow pace of development of projects at the moment suggests that this is very optimistic and it is easy to create scenarios in which the zinc market tightens up further in 2007, said the bank..

Deferred payments apart, ZincOxs objective is to become a major producer of zinc oxide with operating costs among the lowest in the world. The company has an international portfolio of projects which is made up of two recycling projects which should attract the attention of Green funds - the Aliaga Recycling Project in Turkey and the Mid West Recycling Project in the USA. In addition to this it has its Jabali deposit in Yemen. Aliaga is out in front and the result of its basic feasibility study should be announced in the coming weeks. Mid West is only about three months behind it. These two recycling projects will essentially have the same plant design and ZincOx is increasingly confident that it will be able to construct a global network plants which will follow the same blueprint and will be ready for development once these two come on stream..

The current state of play at Aliaga is that the application for environmental approval has been made , and the geotechnical ground survey work required for plant and landfill design completed. SNC Lavalin is working on the basic engineering and layout of the plant and ZincOx awaits the feasibility study. A site for the Mid West project has yet to be decided on and the company is looking for something close to infrastructure as well as a major landfill capable of taking the residue from the plant. Some suitably zoned industrial land has been offered but much will depend on the cost of effluent disposal. If this is within the companys parameters it will go ahead immediately, but it has decided to let the Turkish project always run three months ahead so that lessons learnt in Turkey can be implemented in the development in the USA.

Potential development of the Jabali zinc oxide mine in the Yemen draws closer following completion of the feasibility study earlier this year and permitting and the relevant approvals are being gained. Things do take a long time in Yemen, explains Andrew Woollett, not because the authorities are inefficient or corrupt, but simply because they have no experience of dealing with projects such as this as there has been no large scale mining project in the country for decades.

Following completion of the feasibility study ZincOx holds 60 per cent of Jabali along with Anglo American and a local partner and the project's development now looks much closer to reality. The next stage of work comprises the approval of the study by the environmental authorities and application for a mining lease. The approval of the Environmental Protection Agency has been received and this is the most important step relating to the permitting process for the projects development. Hopefully the Minister will approve the mining lease shortly and it will be ratified by Parliament thereafter as only then can talks with banks on project finance really begin. In the meantime the company has 5.6 million of cash in the kitty so is under no financial pressure.

250,000 delayed buy just gone through.

Minews Story
Date: September 16, 2005

ZincOx Resources Poised To Swing Into Positive Cash Flow From More Than One Source In 2007

ZincOx Resources has worked away in the wings for some time, but the interim results reveal that it is soon to move centre stage. First production is scheduled for 2007, by the end of which Numis Securities, the companys brokers, forecast that the company could have three new projects up and running, producing some 27,000 tonnes of attributable zinc in various forms (eg zinc oxide). Production, say the brokers , could rise to over 100,000 tonnes in 2008 and further to 130,000 in 2009 from these projects.

Add to this the deferred payment from the Shaimarden zinc project in Kazakhstan which ZincOx sold to Kazzinc. Mine development is well underway and 500,000 cubic metres of waste material is being removed every month to make way for the open pit. The first ore should be mined in the middle of next year and the receipt of the first deferred payment should be made, as scheduled, in January 2007. At the current zinc price of US$1,350/tonne these deferred payments could amount to US$5.6 million per annum for a total payment of US$25.85 million payable over a four year period. A useful boost to cash flow and only 16 months away.

The price of zinc is clearly crucial to the future profitability of ZincOx and it is encouraging to see that Hurricane Katrina helped push zinc prices to five-month highs, as the heavy concentrationof LME zinc stocks in New Orleans has created uncertainty over availability of the metal. Warehouses in New Orleans, according to brokers Westhouse, hold 249,000 tonnes of zinc on LME warrant, which is almost half of total global LME zinc stocks of about 560,000 tonnes. Meanwhile, Australian investment bank Macquarie predicts that zinc could be in for a strong period over the next two years. It says it is becoming increasingly bullish on the price prospects for the metal should demand pick up, especially given the lack of new projects coming on line and despite a 30 per cent increase in zinc prices over the past 18 months.

The bank believes a zinc price of US$1,560/tonne by the end of 2006 is easily achievable and in this case the payment to ZincOx in January 2007 would be nearer US$6.5 million. While Macquarie sees the refined zinc market back in balance in 2007, its model is dependent on over 600,000 tonnes/year of as yet uncommitted mine projects coming on stream by 2007. The slow pace of development of projects at the moment suggests that this is very optimistic and it is easy to create scenarios in which the zinc market tightens up further in 2007, said the bank..

Deferred payments apart, ZincOxs objective is to become a major producer of zinc oxide with operating costs among the lowest in the world. The company has an international portfolio of projects which is made up of two recycling projects which should attract the attention of Green funds - the Aliaga Recycling Project in Turkey and the Mid West Recycling Project in the USA. In addition to this it has its Jabali deposit in Yemen. Aliaga is out in front and the result of its basic feasibility study should be announced in the coming weeks. Mid West is only about three months behind it. These two recycling projects will essentially have the same plant design and ZincOx is increasingly confident that it will be able to construct a global network plants which will follow the same blueprint and will be ready for development once these two come on stream..

The current state of play at Aliaga is that the application for environmental approval has been made , and the geotechnical ground survey work required for plant and landfill design completed. SNC Lavalin is working on the basic engineering and layout of the plant and ZincOx awaits the feasibility study. A site for the Mid West project has yet to be decided on and the company is looking for something close to infrastructure as well as a major landfill capable of taking the residue from the plant. Some suitably zoned industrial land has been offered but much will depend on the cost of effluent disposal. If this is within the companys parameters it will go ahead immediately, but it has decided to let the Turkish project always run three months ahead so that lessons learnt in Turkey can be implemented in the development in the USA.

Potential development of the Jabali zinc oxide mine in the Yemen draws closer following completion of the feasibility study earlier this year and permitting and the relevant approvals are being gained. Things do take a long time in Yemen, explains Andrew Woollett, not because the authorities are inefficient or corrupt, but simply because they have no experience of dealing with projects such as this as there has been no large scale mining project in the country for decades.

Following completion of the feasibility study ZincOx holds 60 per cent of Jabali along with Anglo American and a local partner and the project's development now looks much closer to reality. The next stage of work comprises the approval of the study by the environmental authorities and application for a mining lease. The approval of the Environmental Protection Agency has been received and this is the most important step relating to the permitting process for the projects development. Hopefully the Minister will approve the mining lease shortly and it will be ratified by Parliament thereafter as only then can talks with banks on project finance really begin. In the meantime the company has 5.6 million of cash in the kitty so is under no financial pressure.

250,000 delayed buy just gone through.

Minews Story
Date: September 16, 2005

ZincOx Resources Poised To Swing Into Positive Cash Flow From More Than One Source In 2007

ZincOx Resources has worked away in the wings for some time, but the interim results reveal that it is soon to move centre stage. First production is scheduled for 2007, by the end of which Numis Securities, the companys brokers, forecast that the company could have three new projects up and running, producing some 27,000 tonnes of attributable zinc in various forms (eg zinc oxide). Production, say the brokers , could rise to over 100,000 tonnes in 2008 and further to 130,000 in 2009 from these projects.

Add to this the deferred payment from the Shaimarden zinc project in Kazakhstan which ZincOx sold to Kazzinc. Mine development is well underway and 500,000 cubic metres of waste material is being removed every month to make way for the open pit. The first ore should be mined in the middle of next year and the receipt of the first deferred payment should be made, as scheduled, in January 2007. At the current zinc price of US$1,350/tonne these deferred payments could amount to US$5.6 million per annum for a total payment of US$25.85 million payable over a four year period. A useful boost to cash flow and only 16 months away.

The price of zinc is clearly crucial to the future profitability of ZincOx and it is encouraging to see that Hurricane Katrina helped push zinc prices to five-month highs, as the heavy concentrationof LME zinc stocks in New Orleans has created uncertainty over availability of the metal. Warehouses in New Orleans, according to brokers Westhouse, hold 249,000 tonnes of zinc on LME warrant, which is almost half of total global LME zinc stocks of about 560,000 tonnes. Meanwhile, Australian investment bank Macquarie predicts that zinc could be in for a strong period over the next two years. It says it is becoming increasingly bullish on the price prospects for the metal should demand pick up, especially given the lack of new projects coming on line and despite a 30 per cent increase in zinc prices over the past 18 months.

The bank believes a zinc price of US$1,560/tonne by the end of 2006 is easily achievable and in this case the payment to ZincOx in January 2007 would be nearer US$6.5 million. While Macquarie sees the refined zinc market back in balance in 2007, its model is dependent on over 600,000 tonnes/year of as yet uncommitted mine projects coming on stream by 2007. The slow pace of development of projects at the moment suggests that this is very optimistic and it is easy to create scenarios in which the zinc market tightens up further in 2007, said the bank..

Deferred payments apart, ZincOxs objective is to become a major producer of zinc oxide with operating costs among the lowest in the world. The company has an international portfolio of projects which is made up of two recycling projects which should attract the attention of Green funds - the Aliaga Recycling Project in Turkey and the Mid West Recycling Project in the USA. In addition to this it has its Jabali deposit in Yemen. Aliaga is out in front and the result of its basic feasibility study should be announced in the coming weeks. Mid West is only about three months behind it. These two recycling projects will essentially have the same plant design and ZincOx is increasingly confident that it will be able to construct a global network plants which will follow the same blueprint and will be ready for development once these two come on stream..

The current state of play at Aliaga is that the application for environmental approval has been made , and the geotechnical ground survey work required for plant and landfill design completed. SNC Lavalin is working on the basic engineering and layout of the plant and ZincOx awaits the feasibility study. A site for the Mid West project has yet to be decided on and the company is looking for something close to infrastructure as well as a major landfill capable of taking the residue from the plant. Some suitably zoned industrial land has been offered but much will depend on the cost of effluent disposal. If this is within the companys parameters it will go ahead immediately, but it has decided to let the Turkish project always run three months ahead so that lessons learnt in Turkey can be implemented in the development in the USA.

Potential development of the Jabali zinc oxide mine in the Yemen draws closer following completion of the feasibility study earlier this year and permitting and the relevant approvals are being gained. Things do take a long time in Yemen, explains Andrew Woollett, not because the authorities are inefficient or corrupt, but simply because they have no experience of dealing with projects such as this as there has been no large scale mining project in the country for decades.

Following completion of the feasibility study ZincOx holds 60 per cent of Jabali along with Anglo American and a local partner and the project's development now looks much closer to reality. The next stage of work comprises the approval of the study by the environmental authorities and application for a mining lease. The approval of the Environmental Protection Agency has been received and this is the most important step relating to the permitting process for the projects development. Hopefully the Minister will approve the mining lease shortly and it will be ratified by Parliament thereafter as only then can talks with banks on project finance really begin. In the meantime the company has 5.6 million of cash in the kitty so is under no financial pressure.

ZincOx Resources PLC
07 October 2005


ZincOx Resources plc ('the Company')

The Company was informed on 5 October 2005 that Hoegh Capital Partners
Investments Limited ('HCPI') and Limpopo Investments Limited ('LIL') no longer
hold a notifiable interest in the issued share capital of the company, after
HCPI redistributed its shares in the Company to its shareholders/LIL accounts.
The shares, which are held in the name of J P Morgan (Suisse) SA UK custodian,
have not changed in number, and the holdings are now as follows:


Legal Entity Holding Percentage Held

HCPI 0 0
LIL 773,637 2.67%
Argon Investments Limited 441,438 1.52%
Pomor Holdings Limited 441,438 1.52%
Goran Enterprises Limited 441,438 1.52%




This information is provided by RNS
The company news service from the London Stock Exchange

Amities . / Slt Aldo. What with zinc like both nickel and copper and a vast host of base metals reaching prices akin to the "bull run" of before i was trading ; and with sentiment now still very bullish on these commodoties i took an opening gambit at 117p and @ 137 .Very very early days; but from a technical analytical point of view the chart yelled from the page it was a " STRONG BUY" at 135p . Zinc supply has sank to its nadir while demand has reached an unsustainable level .Only new zinc deposits being brought on stream will rectify this situation . And ZOX has looked an ideal candidate these past few months; and in doing so has attracted some impressive investors including a number of both institutions and hi value clients alike . . Armed with in excess of 5 million is not an unacceptable position for a mining outfit either ...... Perhaps there maybe a catalogue of more dynamic mining stock to be had; but i feel this is a steady ship captained by a patient proven , robust and aggresive board . ......l prefer CSM and a few other similar mining outfits which have broader agendas.But i have no doubt the market for zinc will remain strong in the forseeable future; and like all soon to be new producers of zinc which is extremely hard to recycle ZOX will share in that growth ........@+ J .

NUMIS upbeat on miners, with a upgrade from add to buy for ZOX [ ZincOx Resouces ]

In a note on UK mining the broker has upgraded its rating for Antofagasta to buy from hold, raising target price to 18.15 from 16.14, raising estimates, upgraded its rating for Rio Tinto to buy from add, raising target price to 27.58 from 23.26, raising estimates, upgrades its rating for Xstrata to buy from add, raising target price to 17.69 from 15.80, upgrades its rating for Peter Hambro Mining to buy from add, raising target price to 052p from 876p, raising estimates, upgrades its rating for ZincOx Resources to buy from add, downgraded its rating for Albidon to add from buy, downgrades its rating for Jubilee Platinum to hold from add, downgrades its rating for Highland Gold to sell from reduce, raising target price to 156p from 154p and cuts its price target for BHP Billiton to 941p from 954p, raising estimates.

ZOX up 8p at 153 bid 160 offer, thats up 5.39% today.

Anyone any views on how the prospects for ZOX differ from GFM? ZOX' sp just seems to be having the better run.

Sharesure,

ZOX is a good long term bet with a low risk grade of about 187, have you read post 14 to 18 from The French connection? apart from them both gaining from a high Zinc price you can't compare them.

ZOX as done alright these last few days 4p up on the bid today, 157 to 162.

ZincOx Resources PLC
14 October 2005

ZincOx Resources plc ('the Company')



The Company was notified on 13 October 2005 that INVESCO English and
International Trust plc is the beneficial owner of 1,421,300 Ordinary Shares of
25p each in the Company, registered in the name of Chase Nominees Limited,
representing approximately 4.9% of the issued ordinary share capital of the
Company.


This information is provided by RNS
The company news service from the London Stock Exchange

Zinc prices rise Rs 1,150 in less than two months

Dilip Kumar Jha / Mumbai October 13, 2005



Zinc slabs price has jumped dramatically by Rs 1,150 to Rs 9,050 per quintal in Mumbai non-ferrous metals market in the last one-and-a-half month on rising demand from the steel galvanising industry.

Galvanised steel is a major component of infrastructure projects such as buildings, bridges, airports and stadiums. Approximately 67 per cent of zinc produced globally is used for steel galvanising. The devastation caused by Hurricane Katrina also added to the surge in zinc price as 50 per cent of global zinc deposits lies in warehouses in New Orleans.

Spot zinc on LME perked up $125 to $1,484 per tonne on October 11 following a supply crunch. LME registered warehouses in New Orleans are holding 2,48,575 metric tonne (mt) of zinc, of which 2,01,375 mt is open tonnage.

The supply of the metal was suspended since good delivery became impossible because of the hurricane. The price movement in the international market and the domestic market is in sync.

An increasing concern in the market is the strike at Belgian metals company Umicore SAs 2,50,000 mt Balen zinc smelter plant. The strike began last Thursday. Analysts believe the prices would increase further, if the company management does not resolve the issues immediately.

Usually the rising prices take a toll on treatment charges fee paid to miners to refine concentrate into zinc metal which is expected to dip to double-digit figure this year due to a persistent concentrate shortage.

In 2005, the benchmark treatment charges fell to a record low of around $126 a mt. In the next year, annual contracts might conclude as low at $95-$110 per mt.

Apart from steel galvanising, zinc is primarily used by the toys industry, which consumes approximately 16 per cent of the world zinc production.

India being one of the largest toys producer and consumer, domestic demand for zinc is expected to grow significantly. Hindustan Zinc is the largest zinc producer in the country with an overall production of 5.75 lakh tonne. Binani Zinc comes at the second slot with a capacity of 33,000 tonne.

The price of zinc slabs is expected to grow further in the domestic market as the production here has failed to meet the rising demand from consumer industries. The demand, which stood at 3.5 lakh tonne in 2003-04, stood at 4 lakh tonne in 2004-05.

The demand is expected to grow 12-15 per cent in the next five years.



Zinc prices rise Rs 1,150 in less than two months

Dilip Kumar Jha / Mumbai October 13, 2005



Zinc slabs price has jumped dramatically by Rs 1,150 to Rs 9,050 per quintal in Mumbai non-ferrous metals market in the last one-and-a-half month on rising demand from the steel galvanising industry.

Galvanised steel is a major component of infrastructure projects such as buildings, bridges, airports and stadiums. Approximately 67 per cent of zinc produced globally is used for steel galvanising. The devastation caused by Hurricane Katrina also added to the surge in zinc price as 50 per cent of global zinc deposits lies in warehouses in New Orleans.

Spot zinc on LME perked up $125 to $1,484 per tonne on October 11 following a supply crunch. LME registered warehouses in New Orleans are holding 2,48,575 metric tonne (mt) of zinc, of which 2,01,375 mt is open tonnage.

The supply of the metal was suspended since good delivery became impossible because of the hurricane. The price movement in the international market and the domestic market is in sync.

An increasing concern in the market is the strike at Belgian metals company Umicore SAs 2,50,000 mt Balen zinc smelter plant. The strike began last Thursday. Analysts believe the prices would increase further, if the company management does not resolve the issues immediately.

Usually the rising prices take a toll on treatment charges fee paid to miners to refine concentrate into zinc metal which is expected to dip to double-digit figure this year due to a persistent concentrate shortage.

In 2005, the benchmark treatment charges fell to a record low of around $126 a mt. In the next year, annual contracts might conclude as low at $95-$110 per mt.

Apart from steel galvanising, zinc is primarily used by the toys industry, which consumes approximately 16 per cent of the world zinc production.

India being one of the largest toys producer and consumer, domestic demand for zinc is expected to grow significantly. Hindustan Zinc is the largest zinc producer in the country with an overall production of 5.75 lakh tonne. Binani Zinc comes at the second slot with a capacity of 33,000 tonne.

The price of zinc slabs is expected to grow further in the domestic market as the production here has failed to meet the rising demand from consumer industries. The demand, which stood at 3.5 lakh tonne in 2003-04, stood at 4 lakh tonne in 2004-05.

The demand is expected to grow 12-15 per cent in the next five years.

Zinc pauses for a breather


Metals Insider - 17 October 2005



MI WEEK IN REVIEW: Zinc took something of a time-out last week after hitting the next big number target of $1,500, basis three-month metal. But the funds continue to like this one and with upside momentum on copper in particular stalling for now, there's a renewed sense the good times are rolling again for the zinc market.



Three-month metal initially built on its momentum of the previous week to touch the $1,500 level on both Tuesday and early Wednesday before the urge to take some profits outweighed fresh commitments from the investment community.



That's hardly surprising since the CTA systematic community alone had lifted its collective long exposure to zinc to 80% and above in the first day or so of last week.



But the pull-backs were generally shallow with plenty of players ready to commit to the uptrend at slightly lower numbers and the relatively weak Friday close of $1,475 still amounted to only a $3 week-on-week decline.



One feature worth noting, though, was the expansion of the contango across the nearby structure of the LME market. The benchmark cash-3s spread ended the week valued at $18.75 contango, compared with $8 the previous week.



That reflected rising expectations that the good delivery suspension of all that metal in New Orleans may be lifted in the near future. The LME finally detailed the process for reinstating the metal and one optimistic player even cancelled 75t on Thursday at the hurricane-hit city.



The contango says there is still a lot of metal in the LME system to be worked off before stocks fall anywhere near to the pinch-points experienced by copper and nickel earlier this year but zinc is back in favour with the fundsmore than any other LME-traded metal right nowand all the fundamental signals are sending them a green light.

ZincOx Resources PLC
26 October 2005


ZincOx Resources plc signs zinc mine
Exploitation Contract with the Government of Yemen

26 October 2005

ZincOx Resources plc (ticker: ZOX) is pleased to announce that its 60%
subsidiary company, Jabal Salab, has signed an Exploitation Contract with the
Geological Survey and Mineral Resources Board (GSMRB) representing the
Government of Yemen, to mine and process zinc at the Jabali deposit. The Jabali
zinc oxide deposit is located 110km north east of Sana'a, the capital of Yemen,
and contains a resource, calculated in accordance with the JORC code of 12.6
million tonnes of ore at a grade of 8.9% zinc, 1.2% lead and 68grams/tonne
silver.

Andrew Woollett, Managing Director of ZincOx, commented: 'The Jabali deposit was
discovered in the early 1980s but it has not been developed until now because of
the complex mineralogy. Once again it is the metallurgical expertise at ZincOx
which will allow us to realise the potential of this attractive resource for the
benefit of our shareholders, our partners and the people of Yemen.'

The Exploitation Contract is subject to the approval of the Cabinet and
Parliament, which is expected during the first quarter of 2006. It will then be
ratified by the President of Yemen and incorporated in law. It sets out the
terms under which Jabal Salab can mine and process zinc from the deposit. These
include a 20 year lease, a 1.5% net smelter return Royalty, a tax holiday of six
years and repayment of past costs incurred by the GSMRB of US$5million
commencing in the fourth year. The terms do not differ materially from those
assumed in the Feasibility study completed earlier this year (see Press Release
dated 15 March 2005).

The Feasibility Study, which was completed by ZincOx and MDM, a firm of mineral
engineers from South Africa, was based on the mining and processing of 800,000
tonnes per annum of ore at a mined grade of 9.2% zinc over a life of 11 years.
There is potential to increase the ore resource as the deposit is open on two
sides.

Mining will be by means of an open pit with a waste to ore strip ratio of 2 to
1. The ore will be treated by the LTC process developed by ZincOx and its
consultants and piloted, using Jabali ore, at an independent laboratory in
Belgium. The plant is expected to recover 77% of the zinc for the production of
approximately 70,000 tonnes per annum of high quality zinc oxide, containing
more than 99% zinc oxide. The quality of the final product will allow Jabal
Salab to sell direct to end users of zinc oxide, thereby benefiting from a
premium price.

The capital cost of developing the mine, processing plant, infrastructure and
associated facilities is estimated at US$75.4million.

Scott Wilson Mining, a UK based firm of mineral consultants has prepared an
environmental impact study in accordance with guidelines set down by the World
Bank. The report has already been approved by the Yemen Environment Protection
Authority, thereby satisfying all environmental permitting requirements.

ZincOx has been approached by various banks with the aim of providing project
finance for the development of Jabali. Export credit agency political and
commercial risk cover is available for Yemen which will greatly assist the
arrangement of finance.

The progress now made with the Exploitation Contract will allow ZincOx to press
ahead with its plans for project finance which is the next phase of the
project's development. It is expected that financing will be in place during the
third quarter of 2006, with construction, which will take 18 months, starting
shortly thereafter.

For further information, please contact:

For more information please contact:

Peter Wynter Bee Leesa Peters / Pam Spooner
ZincOx Resources plc Conduit PR
Tel: +44 (0) 1276 455700 Tel: +44 (0) 20 7618 8533

pwynterbee@zincox.com

leesa@conduitpr.com

Good to see that recent 10% fall (for no apparent reason other than the markets looked a bit dodgy) partially reversed. The market cap is so low I can't see much downside.

rgrds
gk

ZincOx Resources PLC British bulls 26/10/05
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation that was confirmed was made on 17.10.2005 (10) days ago, when the stock price was 159.5000. Since then ZOX has fallen -3.76% .

Were you eager to go long? Well, without doubt, it was the right time to do so. The BUY signal was finally confirmed, and most probably you have called your broker and placed your long orders with no hesitation.

Don't worry if you have missed this buying opportunity. The market may now give you a second chance. You may still find good prices for buying in the next session.

Lead and zinc seen in deficit through 2006 - ILZSG
LONDON: The deficit in the zinc market is expected to grow in 2006 to 430,000 tonnes as global usage rises to 11.12 million tonnes and China continues to be a major consumer, the International Lead and Study Group said in a statement.

Global demand for refined zinc metal, used mainly in galvanising steel for protecting against corrosion, will remain at around 10.5 million tonnes in 2005 but will increase by 5.7 percent next year due to the rapid rise in China's galvanised steel consumption, the group said in a statement after its October session in London.

ILZSG's report said zinc demand was set to grow by 9 percent in China, 9.2 percent in India and 6.4 percent in the Republic of Korea in 2005, offsetting declines in Europe and the United States.

Chinese imports of refined zinc metal exceeded exports for the first time since 1988 and the study group said it expected this trend to continue in 2005 and 2006.

Global zinc mine supply will rise by 3.6 percent in 2005 by a further 4.2 percent in 2006 to reach 10.47 million tonnes.

''The rises are largely due to recent expansions and mine openings in Australia, China and India,'' it said.

London Metal Exchange (LME) zinc futures for delivery in three months touched an 8-1/4-year high on Monday of $1,566 a tonne as speculative investors bought the metal anticipating stronger prices next year.

Zinc hit a cyclical low of $742 in August 2002. On Tuesday it was trading at $1,521 a tonne.

LEAD ILZSG said rises in battery production were the main driver behind a forecast increase in Chinese lead demand of 19.8 percent in 2005 and 8.7 percent in 2006.

Global lead demand was seen 3.9 percent higher at 7.45 million tonnes in 2005 and 3 percent up at 7.66 million in 2006.

European demand was expected fall, while in the U.S. it would rise.

Refined lead production in 2005 was seen at 7.37 million tonnes, 7.6 percent up from the previous year.

''This will be mainly due to increases in China, India and the Republic of Korea and a 6.6 percent rise in Europe, where increases in Belgium, Bulgaria and the United Kingdom are expected to exceed reductions in France and Germany.'' In 2006 refined lead output was predicted to be 7.62 million tonnes.

The report said that by the end of 2006 it was likely that all of the lead held in the United States Defense National Stockpile (DNSC) would be sold.

''Since the start of disposals in 1993, deliveries of refined lead from the DNSC have averaged just over 40,000 tonnes per year,'' ILZSG said.

Lead was trading at $963 a tonne on Tuesday. The metal touched a contract high of $1,017 in December 2004, versus a low of $412 in August 2002.

3 Nov 11:30
MARKET TALK: Zinc Bull Market "Only Just Beginning"
Dow Jones - Zinc bull market "only just beginning" on back of strong fundamentals going forward, should peak in '07, says Standard Bank. Concentrate availability to remain tight till '07, '08 when new mine supply comes through, while robust demand coming from galvanized steel sector, but warns unreported stocks could be at substantial levels which will bring downside risk...

Aldwick,

Thanks, the last past of the last post being a most pertinent warning to those that think the price of zinc can only travel in one direction!

Like the price of oil, if zn increases too much in price, it could effect the demand, and result in a downturn.

I believe oil has hit it's peak, and the world ececonomy would struggle to pay higher prices, resulting in a recession, and a price drop through the subsequent drop in demand.

Zinc could suffer the same problem.

Andy,

Copper will be the first to fall dragging Zinc down with it, regards oil price BP's chairman said anything above $60 would be unwelcome so this winter will be very interesting.

aldwick,

It certainly will IMO.

When you read China will consume an additional 1 million BOPD in 2006, you have to ask what will happen to the price!

Large trades today marked down as sells and bid price gone up 1p, anybody got a view on whats going on?

Wednesday November 9, 10:45 AM
INTERVIEW: Zinc Miners Wary Of Foiling Bullish Prospects

By James Attwood
Of DOW JONES NEWSWIRES

SYDNEY (Dow Jones)--Zinc miners are reluctant to expand their operations even as prices of the galvanizing metal surge to cyclical highs on the London Metal Exchange, Zinifex Ltd.'s (ZFX.AU) chief executive said Tuesday.

ADVERTISEMENT


In the late 1990s and early this decade, miners poured billions into ramping up output only to see prices collapse to 18-year lows as global demand slowed, forcing some to scale back investments and others to exit altogether.

Melbourne-based Zinifex, the world's second-largest producer of refined zinc, is itself a product of the industry's dark years, emerging from the ashes of the failed Pasminco group.

However, even as improving fundamentals mean zinc is fast becoming the new darling of the metals world, Zinifex and other major producers are wary of again flooding the market with additional supply and forcing prices back down.

"One would like to think producers have learned the lessons of the past, but time will tell," Greig Gailey told Dow Jones Newswires.

"Zinc is one of the late performers in the cycle and it's only in the last couple of months we've begun to see prices, at least in Australian dollar terms, that might encourage you to think of additional production," Gailey said.

"The rundown in LME stocks has been accelerating in the last month or so, so we're very positive about the outlook over the next 12 to 18 months at least," he said.

Most forecasters agree zinc's prospects heading into 2006 are bright, as concentrate tightness holds back refined metal availability and Chinese imports surge, although price expectations beyond 2006-07 are generally lower.

Major Expansion Plans Remain On Hold

Zinc's relatively newfound bullishness and concerns over repeating past mistakes by flooding the market means major expansion plans will remain on hold.

Contributing to the wariness are structural constraints derived from the lack of any significant investment in exploration and development when prices languished below US$800 in 2001-03.

"Even if we were to commit to a (new) mine today, it would be something like five years before you'd see any production, so you have to have a degree of confidence about longer-term prices," he said.

"Then you have to look at what other people might chose to do because you have to bear in mind the total supply-demand picture, not just where one company fits in it."

Other major zinc producers appear similarly wary. Market leader Teck Cominco Ltd. (TEK.MV.A.T) of Canada is understood to be keeping major expansions on hold until global stocks drop to at least 200,000 metric tons from current levels of 475,00 tons.

In fact, the only major zinc development in the pipeline is the San Cristobal mine in southern Bolivia, slated to start producing 200,000 tons a year from mid-2007.

The dearth of new projects has some analysts saying zinc stocks could shrink to record lows next year, which if copper's recent record-breaking performance is anything to go buy, has a potentially explosive implication on prices.

Escalating development and operating costs in the mining industry generally, as a byproduct of the commodities boom, are adding to the constraints on new supply, Gailey said.

He gave the example of Zinifex's A$1.3 billion Century mine in Queensland, Australia that in today's climate would have cost in excess of A$1.5 billion.

Smelters Feeling Concentrates Pinch

Zinifex posted profits of A$234.7 million for the year ended June 30, thanks largely to rising prices in the tightening concentrates market.

But the same situation means smelters like its Clarksville smelter in Tennessee, Zinifex's only unprofitable asset in the fiscal year, are feeling the pinch.

The company depends on concentrates from South America and Ireland for Clarksville, which may be forced to close if it continues to be unprofitable.

Gailey also said Zinifex would consider buying operating mines in South America as part of a global acquisition strategy.

"We've looked at a number of acquisition opportunities in the last 12 months and continue to do so, but (so far) we haven't seen anything we believe could be acquired in a way that would add value to shareholders...resource assets at the moment are very fully priced," he said.

The industry's consolidation potential includes Zinifex itself, Gailey said: "Our view of life is if somebody wants to buy Zinifex the only issue is price."

The company also plans to continue preparing for the future by farming into brownfield projects run by junior explorers in Australia and elsewhere, he said.

ZincOx Resources PLC
10 November 2005


ZincOx Resources plc ('the Company')

The Company was notified on 9 November 2005 that UBS AG, acting through UBS AG
London Branch, now has a material interest in 1,545,000 Ordinary shares of 25p
each in the Company, representing approximately 5.33% of the issued share
capital of the Company.


This information is provided by RNS
The company news service from the London Stock Exchange

ZincOx Resources PLC
11 November 2005


Aliaga Recycling Project Update 11 November 2005

ZincOx Resources plc is pleased to announce the completion of the first part of
the feasibility study for the Aliaga Recycling Project (Turkey) being undertaken
by SNC- Lavalin Europe. The work to date has included a technical review of the
process, plant layout, engineering design and an estimation of capital and
operating costs to an accuracy of +/-15%.

The Aliaga project envisages the production of high quality zinc oxide from
waste material (EAFD) generated by the steel recycling industry. Further
sampling of the Turkish EAFD over the past 12 months has allowed the company to
increase the initial capacity of the plant by one third so that the study is
examining the production of 20,000 tpa of high quality zinc oxide generated from
the EAFD produced by the steel mills at Aliaga alone.

ZincOx expects to be able to increase production to at least 30,000 tpa zinc
oxide by obtaining EAFD from steel mills located elsewhere in Turkey. The 20,000
tpa plant has been designed so that it may be expanded to 30,000tpa for the
minimum of additional expenditure. Although this adds to the capital of the
20,000tpa plant, it reduces the overall capital cost of the expanded project.
The cost of this expanded capacity provision and the increase in the initial
production rate has led to a revised capital cost of US$39 million for the
initial capacity of the plant.

Based on SNC-Lavalin Europe's cost estimates, ZincOx has revised its previous
cash flow models. For the initial 20,000 tpa capacity without further expansion,
using a zinc price of US$1,150 per tonne (Current price US$1,584 per tonne), the
project would have a post tax net present value of 19 million, at a 10%
discount rate, and an internal rate of return of 23%.

It is intended that the expansion to 30,000tpa would be financed largely out of
the cash flow generated in the first full year of production. A preliminary
financial model based on an expanded project, using a zinc price of US$1,150 per
tonne, has a post tax net present value of 28 million, at a 10% discount rate,
and an internal rate of return of 26%.

SNC-Lavalin Europe is scheduled to complete it's Feasibility Study in March
2006. This will include further engineering design up to a stage that will
consolidate the investment cost and confirm the process performance to enable
ZincOx to satisfy the requirements of the providers of project finance.
Discussions regarding the terms for project finance are well underway and the
terms of a mandate are close to being concluded.

Commenting on the announcement, Andrew Woollett, ZincOx's Managing Director said
'Our two phase approach to the feasibility study confirms the value of the
project ahead of the more detailed engineering required for project finance.
This allows us to commence infrastructural development on the site and to order
long lead-time items of equipment so that the overall development schedule for
the project will not be delayed by the arrangement of project finance.'

For more information please contact:

Andrew Woollett Leesa Peters / Pam Spooner
ZincOx Resources plc Conduit PR
Tel: +44 (0) 1276 455700 Tel: +44 (0) 20 7618 8533

awoollett@zincox.com

ZincOx Resources PLC
23 November 2005


ZincOx Resources plc finalises mandate for the financing of the
Aliaga Zinc Recycling Project in Turkey


23 November 2005


ZincOx Resources plc (ZOX) has, since its update announcement on 11 November
2005 in relation to the Aliaga Zinc Recycling Project in Turkey ('the Aliaga
Project'), entered into a mandate with Investec Bank (UK) Limited ('Investec')
to arrange and conditionally underwrite project debt for the development of the
Aliaga Project.

Investec is one of South Africa's leading banks with significant experience in
the arrangement and provision of development loans for projects in the mining
industry. Investec has made a preliminary assessment of the processing
technology to be employed at Aliaga and, based on this and ZincOx's revised cash
flow models, it is envisaged that the project finance loan facility of US$30
million will cover about two thirds of the capital required for the development
of the project and that the loan will be repayable over seven years. The
condition includes legal due diligence, revue of the feasibility study and
Investec final internal approval.

Investec will be paid a mandate fee of 400,000 equity warrants convertible into
ordinary shares in the capital of the Company for a period of three years, at a
conversion price of 2. A further 300,000 warrants will be awarded upon the
provision of the loan. These warrants will be for a period of three years
exercisable at a price representing a 133% of the price of the shares at the
time the loan agreement is finalised. In addition, a fee of 2.5% of the amount
of the loan will be payable at the time of the first draw down. In the event
that Investec do not provide this project finance, the original warrants will be
cancelled.

Investec will shortly commence a detailed evaluation of the project so that the
provision of the development loan can be put in place soon after the completion
of the detailed feasibility study by S.A. SNC-Lavalin Europe B.V., scheduled for
March 2006.

Commenting on the announcement, Andrew Woollett, the Managing Director of
ZincOx, said 'I am delighted to have Investec working with us and we expect the
relationship established for Aliaga to lead to their involvement in other
similar projects elsewhere in the world. Investec's willingness to study the
project even before the feasibility study is completed should enable the project
development to progress without delay.'

For more information please contact:

Andrew Woollett Leesa Peters / Pam Spooner
ZincOx Resources plc Conduit PR
Tel: +44 (0) 1276 455700 Tel: +44 (0) 20 7618 8533

awoollett@zincox.com

The newswires are full of Chinese zinc smelters putting expansion projects on hold due to the shortage of raw materials, while further fuel to the bullish flames was added in the form of reports that the government is moving to ban any new zinc smelter project with annual capacity of less than 100,000tpy.



Icing on the bulls' party cake came with the announcement from Korea Zinc it was mothballing its Big River Zinc refinery in the US due to the tightness in the concentrates market.



That takes another 90,000tpy of refined capacity out of the equation, following on from the (permanent) closure of the 90,000tpy Duisburg refinery in Germany and the 130,000tpy being closed by Belgian producer Umicore.



More may well follow with few significant additions to mined zinc production in the pipeline. So will new cycle highs with this market in full bull mode right now. The correction is still overdue but there are plenty of players just itching to join the bandwagon at lower numbers. Weakness, if it comes, will almost certainly be triggered by copper, but with zinc back in the party mood, it's not going to let anyone spoil things for too long.

ZincOx Resources PLC
07 December 2005

Press Release 6 December 2005



ZincOx Raises 13.2 million for the Development of the Aliaga Recycling Project



ZincOx Resources plc ('ZincOx' or the 'Company') (Symbol ZOX) has raised
approximately 12.7 million net of expenses in a placing (the 'Placing')
arranged by Numis Securities Limited ('Numis'). The Placing, which is
conditional inter alia on the passing of certain shareholder resolutions,
involves the issue of 8,787,333 new ordinary shares in the Company at a price of
150p per share. Immediately following the Placing the total number of shares in
issue will be 37,761,422. The proceeds from the Placing will be used principally
to fund the equity component of the development of the Aliaga Zinc Recycling
Project in Turkey ('Aliaga').



On 23rd November 2005, ZincOx announced that it had entered into a mandate with
Investec Bank (UK) Limited ('Investec') to arrange and conditionally underwrite
project debt for the development of the Aliaga Project. This project finance is
intended to provide approximately two thirds of the funding required to bring
the Aliaga plant up to operational capability, with the 12.7 million raised by
the Placing intended to provide the remainder and general working capital.



Commenting on the announcement, Andrew Woollett, ZincOx's managing director,
said 'Raising these funds more than covers our equity component of the Aliaga
project and enables us to start development early in the new year. This marks
the start of our transition to a producing company.'





ZincOx specialises in the recovery of zinc from non-sulphide zinc bearing
materials. The Aliaga project envisages the production of high quality zinc
oxide from waste material (Electric Arc Furnace Dust - EAFD) generated by the
steel recycling industry.



On 11th November 2005, ZincOx announced the completion of the first part of the
feasibility study for the Aliaga project undertaken by S.A. SNC-Lavalin Europe
N.V. ('SNC'), which includes a technical review of the process, plant layout,
engineering design and an estimation of capital and operating costs to an
accuracy of +/-15%.



The plant is initially being designed to produce 20,000 tonnes per annum ('tpa')
of high quality zinc oxide generated from the EAFD produced by the steel mills
at Aliaga, although, in due course, the Company expects to be able to increase
production up to 30,000 tpa zinc oxide by obtaining EAFD from steel mills
located elsewhere in Turkey. The 20,000 tpa plant has also been designed so
that it may be expanded to 30,000tpa for a reduced additional expenditure per
tonne. Although this adds to the initial capital cost of the 20,000tpa plant,
it reduces the overall capital cost of the expanded project. The cost of this
expanded capacity provision and the increase in the initial production rate to
20,000tpa has led to a revised capital cost of US$39 million for the initial
capacity of the plant.



Based on SNC's cost estimates, ZincOx has revised its previous cash flow models.
For the initial 20,000 tpa capacity without further expansion, using a zinc
price of US$1,150 per tonne (price as at 5 December 2005 - US$1,731 per tonne),
the project is estimated to have a post tax net present value of 19 million, at
a 10% discount rate, and an internal rate of return of 23%. It is intended that
the expansion to 30,000 tpa will be financed largely out of the cash flow
generated in the first full year of production. A preliminary financial model
based on an expanded project, using a zinc price of US$1,150 per tonne, has a
post tax net present value of 28 million, at a 10% discount rate, and an
internal rate of return of 26%.



The full SNC feasibility study is expected by the end of March 2006, but to
avoid any unnecessary delay in the development of the Aliaga plant, the Company
is raising funds at this stage.



In addition to the development of the Aliaga project, the Company has completed
a feasibility study on the Jabali zinc deposit in Yemen and will shortly be
commencing a feasibility study in the Mid West of the United States for the
recovery of zinc oxide from EAFD similar to the Aliaga project. ZincOx is also
continuing its research into other potential recycling projects including
testwork on the viability of the Polykiln technology for the potential
re-processing of slag.



Following completion of the sale of the Shaimerden deposit in Kazakhstan for
US$7.5 million in 2004, ZincOx is entitled to receive, subject to the zinc price
being above US$800 per tonne, further deferred receipts relating to the first
200,000 tonnes of zinc mined. These payments will be at a rate equivalent to
US$0.2375 per tonne for every dollar that the LME zinc price is above US$800 per
tonne. At a zinc price of US$1,600 per tonne (price as at 5 December 2005 -
US$1,731 per tonne), the further deferred receipts would amount to approximately
US$38.0 million. Providing the zinc price remains above US$800 per tonne,
further deferred receipts are anticipated to be received between 2007 and 2010.



Under the Placing, the Company has conditionally placed 8,787,333 new ordinary
shares of 25p each (the 'New Shares') at a placing price of 150p per share to
raise approximately 13.2 million before expenses (approximately 12.7 million
after expenses). The Placing has been arranged by Numis who have also
underwritten the issue. The Placing is conditional, inter alia, upon the
placing agreement between ZincOx and Numis becoming unconditional and not being
terminated prior to 6 January 2006, the expected date of admission, or such
later date (being no later than 13 January 2006) which the Company and Numis may
agree. The New Shares will rank pari passu in all respects with the existing
ordinary shares of 25 pence each in issue. It is expected that dealings in the
New Shares will commence on AiM on 6 January 2006.

Conditional on the completion of the Placing, the directors intend, pursuant to
the terms of the Company's Unapproved Executive Share Option Scheme previously
approved by the shareholders ('the Scheme'), to grant options over 878,333
ordinary shares in the capital of the Company at the same exercise price as the
New Shares.

For the purposes inter alia of giving the directors authority to allot and issue
the New Shares and to disapply statutory pre-emption rights in respect of such
New Shares, an extraordinary general meeting of the Company will be convened for
Thursday 5 January 2006 at 11.00 am. The Placing is conditional upon those
resolutions being duly passed.



For more information please contact:

Andrew Woollett David Poutney / Leesa Peters / Pam Spooner
Chris Wilkinson
ZincOx Resources plc Numis Securities Ltd Conduit PR
Tel: +44 (0) 1276 455 700 Tel : +44 (0) 207 776 1500

Up 5.5 at 160--164

Good boost on the back of the financing deal. I'm a bit surprised that it gave up a little today. This is a definate long term hold IMHO, since the market cap is still tiny.

>>aldwickk - I recently opened a spreadbet buy on Zinc. A serious rollercoaster ride, not for the fainthearted - but longer term could pay off - although the price may bit a bit frothy at the moment.

rgrds
gk

13 Jan 11:30
Zinc set to smash records as demand grows
Economic Times - ZINC prices are set for strong gains this year as fast-growing Chinese demand and a global shortage eat into stocks, analysts have said, as the metal soared above $2,000 a tonne for the first time ever. But they said zinc - which in percentage terms rose in value more than any other metal on the London Metal Exchange last year was vulnerable to any wider sell-off by funds that have ploughed money into commodities...

Gallick,

How's your spreadbet doing ?

ZincOx Resources PLC
13 January 2006

ZincOx Resources plc - Holding(s) in the Company


ZincOx Resources PLC ('the Company') was notified on 13 January 2006 that
Fidelity International Limited (FIL), and its direct and indirect subsidiaries,
hold 98,700 ordinary shares of 25p each in the Company and FMR Corp. (FMRCO),
and its direct and indirect subsidiaries, hold 970,000 ordinary shares of 25p
each in the Company. Together, this represents 2.83% of the Company's issued
share capital.

The shares are held in various nominee accounts and include the notifiable
interest of Mr. Edward C. Johnson 3rd, a principal shareholder of FIL and FMRCO.
The notifiable interest also includes interests held on behalf of authorised
unit trust schemes in the UK, notwithstanding the exemption from reporting
pursuant to Section 209(1) (h) of the Companies Act 1985.

The Company was also notified on 13 January 2006 that, following the sale of
225,000 ordinary shares on 11 January 2006, INVESCO English and International
Trust PLC no longer has a notifiable interest in the ordinary shares of 25p each
in the Company.

>>aldwickk

My spreadbet went great. I walked away with a 1200 profit - but I got out too early (at about $1800/tonne). The price is now over 2000. At 10 per point if I had sat tight I would have made another 2K.

But I'm making money on lead which has not yet spiked up anything like zinc. I would seriously recommend it, you can buy 3 month lead (zinc tin etc - call the traders) on IG index.

It raises a question about investing in ZOX. The progress they are making seems slow. They do benefit from the previous sale on the back of the rise in the zinc price, but they need to get on and start producing - otherwise they may be producing when the price is starting to fall again (but I reckon that is in at least 5 years).

I will continue to hold zox, but I want to some some news!

Good luck aldwickk - but I recommend that you check out IG index - if you want to make some serious dosh, since in my view you are better off investing in the physical, than shares in companies!

rgrds
gk

Gk,

I already have a IG index account, have a look at this interesting GFM / Zinc chart it would be interesting to see what ZOX looks like.

ZincOx Resources PLC
18 January 2006


ZincOx Resources plc ('the Company')


The Company was notified on 13 January 2006 that UBS AG, acting through UBS AG
London Branch, has a material interest in 2,878,333 Ordinary shares of 25p each
in the Company, representing approximately 7.62% of the issued share capital of
the Company.

ald>>
great chart

but only makes the point again that it is better to be in the physical than the mining company.

rgrd
gk

ps lead has not fallen on a single day in the last 4 or 5 (I forget which).

Record zinc prices on global shortage

Zinc prices have risen so fast that Robin Bhar, a metals analyst for 22 years, is about to raise his forecast for the second time in two months.

Tuesday, January 31, 2006

Zinc prices have risen so fast that Robin Bhar, a metals analyst for 22 years, is about to raise his forecast for the second time in two months.
"We've all been left behind," said Bhar, who follows the market in London for UBS. "It's just phenomenal. No one in their wildest imagination thought it would get to these levels."

Zinc for delivery in three months on the London Metal Exchange was US$6 (HK$46.8) lower at US$2,244 a tonne in early trade Monday. It traded at US$2,320 Thursday, the 11th consecutive day the metal rose to a record.

Little relief is in sight, as mining companies restrain investment in expanding output and China stops exports and begins imports of the metal. "There is a global shortage," said Greig Gailey, chief executive officer of Melbourne- based Zinifex, the world's second- largest zinc supplier.

"New mine development is a lengthy process and it's difficult to see new mines coming on stream in the short to medium term." His company has no new mines planned until 2008 at the earliest.

Driving the market is China, stoking demand for zinc, used as a rust-resistant coating for steel in buildings, cars and appliances.

Pension funds and speculators are joining the rally in zinc and metals including copper, aluminum and gold, seeking an alternative to stocks and bonds. The Reuters Jefferies CRB Index, which tracks commodity futures, gained 17 percent last year, compared with a 3 percent increase in the Standard & Poor's 500 Index of US companies.

"Two, three, four, five years ago, we would have seen that with the hedge funds, but not the big state pension funds," said Bob Diamond, chief executive officer of Barclays Capital. "We are seeing an asset class shift." The shortage of zinc is a legacy of lower prices in the past and a lack of investment by the industry. Prices dropped to a record low of US$742 a tonne in August 2002, prompting mine closures and leaving producers such as France's Metaleurop bankrupt.

London-based Anglo American and Xstrata are now struggling to meet the world's zinc needs. Labor disputes this month at Mexico's Industrias Penoles and mines run by Peru's Volcan Cia Minera have added to concern that zinc production will lag behind demand this year. Inventory will drop this year as demand outpaces supply from the world's mines. Nick Hatch, an analyst at Investec Securities in London, estimates zinc use will exceed global production this year by 310,000 tonnes. The stockpiles monitored by the LME have declined by 40 percent in the past month to 375,750 tonnes.

"There is a dearth of new projects as a consequence of a lack of exploration," said Alan Heap, Citibank's Sydney-based director of commodity analysis. "Deficits are set to persist."

Heap, who said in 2005 that metal markets were entering a "super cycle" jump in prices, last week raised Citibank's first-half average zinc price forecast 44 percent to 97.5 cents a pound, or US$2,150 a tonne.

Morgan Stanley this month raised its 2006 zinc forecast 12 percent to 95 cents a pound, or US$2,094 a tonne.

Zinc is already up 18 percent this year. The price was forecast to rise 21 percent for the whole of 2006, averaging US$1,666 a tonne, according to the median estimate of 24 analysts polled by Bloomberg.

"We expect the deficit to persist into 2007, implying a price peak may be over a year away," said Simon Toyne, an analyst in London at Dresdner Kleinwort Wasserstein.

China became a net importer of zinc in 2004 as its economy boomed, according to Canada's Teck Cominco.

The nation's zinc demand jumped 16 percent to 2.7 million tonnes in the first 11 months of 2005. BLOOMBERG

ZincOx Resources PLC
01 February 2006

ZincOx Resources plc ('the Company')



The Company notes the recent speculation regarding its interest in the Big River
Zinc smelter in Sauget, USA, which is scheduled to be closed down in early
February 2006.



The Company can confirm that it is in preliminary talks with Big River Zinc
Corporation regarding the potential acquisition of the smelter from the parent
company Korea Zinc Limited. These talks are at an early stage and may or may not
lead to the acquisition going ahead.



The Company will update its shareholders in due course.

Big River Zinc has tentative buyerBig River Zinc President George Obeldobel has announced that the company in Sauget has reached a tentative deal with a buyer who would save the plant and its 300 jobs.
In December, Obeldobel announced that current owner, Korea Zinc, decided to shutter the plant in February if a buyer couldn't be found.
The identity of the buyer, which has a "conditional agreement" to buy the plant, has not been identified.
The process of closing the plant had already started. Obeldobel said 47 workers were laid off Sunday and production was shut down. More workers are expected to be laid off before the plant resumes production sometime in February.
For more information, see Wednesday's News-Democrat.

Latest Trades
Time Price Volume Value Buy/Sell Type
14:54 240.00p 562 1,349 Buy O
14:20 240.00p 825 1,980 Buy O
11:45 240.00p 25,000 60,000 Buy O
13:36 240.00p 410 984 Buy O
11:28 250.00p 10,000 25,000 Buy O

More ZincOx latest trades
Largest Trades Over 10k
Time Price Volume Value Buy/Sell Type
10:55 240.00p 30,000 72,000 Sell T
10:37 239.00p 30,000 71,700 Buy O
11:45 240.00p 25,000 60,000 Buy O
11:21 250.00p 10,000 25,000 Buy O
11:28 250.00p 10,000 25,000 Buy O

More ZincOx largest trades

ZincOx Resources PLC
02 June 2006


General Update on Projects

Aliaga Recycling Project Feasibility Study Completed


The basic engineering for the Aliaga Recycling Project (ARP) in Turkey has been
completed by SNC Lavalin Europe, and a Feasibility Study produced. The ARP is on
schedule for production of 20,000 tonnes per annum of industrial grade zinc
oxide (16,000 tonnes of zinc contained) in the third quarter of 2007. Following
the commissioning of the plant, an expansion to 30,000 tonnes per annum of zinc
oxide is planned, and this should be operational before the end of 2008.

Over the past year costs in the mining and mineral processing industries have
risen substantially throughout the world. Furthermore modifications have been
made to the design of the production flowsheet for Aliaga that involve
additional process steps. There have also been increases to the sizing of
several elements of the plant that will allow a rapid and relatively less
expensive expansion. As a result capital costs have increased from US$39 million
to US$51 million, but a preliminary estimate of the additional cost required to
expand the plant output by 50% (10,000 tonnes per annum) to 30,000 tonnes per
annum of zinc oxide will require only about a further US$12 million.

Zinc oxide has several industrial applications for which there are numerous
different grades. Almost all applications sell at a premium to the LME value of
the zinc metal contained. Testwork on samples produced in the Company's pilot
plant in Belgium have demonstrated that the zinc oxide product will be suitable
for ceramic and agricultural applications. By the addition of further equipment,
to be installed as part of the expansion, material suitable for the largest
application, vulcanisation of rubber, can also be produced.

Almost all zinc oxide is produced from zinc metal or zinc secondary materials
the price of which is linked to the LME zinc price. At Aliaga the feed is a
waste obtained at no cost and so operating margins are substantial at the
elevated zinc prices currently prevailing.

The Turkish tax regulations have recently been revised, so that the rate of
corporate tax has been reduced to 20% from 30% but the generous depreciation
allowances for environmentally positive projects, such as ARP, have been
abolished.

Investec Bank is mandated to arrange the debt finance for the development of the
project. Investec has reviewed the revised costs and indicated they are prepared
to increase the amount of debt they can provide to the project. However, some
additional equity will also be required. The study is being evaluated by
independent consulting groups on behalf of Investec Bank as part of the due
diligence for the arrangement of project finance. The strength of medium term
zinc price forecasts is such that the price may be hedged forward up to seven
years at levels far in excess of the prices seen over the past seven years.
Using a zinc price of US$1,800 per tonne (price currently US$3,450 per tonne)
for the first four years of production, falling to US$1,300 thereafter, the
project has a net present value of 22 million and an internal rate of return of
21%. If the project expansion is commenced immediately following the
commissioning of the 20,000 tonnes per annum plant, the net present value
increases to 41 million and the internal rate of return to 26%.

Most mineral resource projects are based on a raw material reserve that is a
finite size; since the reserve has a limited life, projects are traditionally
valued on the basis of discounted cashflow over the fixed life of the reserves.
In the case of Aliaga, however, the raw material (EAFD) is being constantly
renewed and so the life is unlimited and an earnings based valuation would be
considered to be more appropriate by the Company. Based upon the assumptions
above, the average annual earnings generated by the 30,000 tonnes per annum
project would be about 8 million per annum. (NB if these earnings are
repatriated to the UK, further tax may be payable).

Commenting on the study, ZincOx's Chairman, Andrew Woollett said 'While
operating costs at Aliaga have increased, the rise is more than compensated for
by the increase in the zinc price. Furthermore, it is now possible to hedge zinc
forward at prices and over periods that would have been unthinkable even a year
ago, giving us the possibility of ensuring a strong early cashflow from the
project'.

Jabali, Yemen

The Exploitation Agreement for the Jabali deposit has been reviewed by several
government authorities and has recently been passed to the cabinet for final
approval, prior to ratification by parliament. The Jabali feasibility study was
completed in March 2005. In order to update the capital and operating cost
estimates in line with the general increase in costs throughout the industry, a
review is being undertaken. The cost review is expected to be completed within
the next three months. Discussions with a number of banks for the provision of
non-recourse project finance are progressing well.


Shaimerden, Kazakhstan

Part of the consideration for the sale of the Shaimerden zinc deposit to Kazzinc
in 2003, was a deferred payment related to the first 200,000 tonnes of zinc
mined. Kazzinc started to develop the mine in 2005. The ore lies under about 50
meters of overburden and the pit is currently at a depth of 45 meters. Some 6.5
million cubic metres of waste has been removed to date. It was planned to start
ore production in May 2006. However, the high water inflow in the pit has forced
Kazzinc to increase the slope of the open pit walls, resulting in a higher
proportion of overburden removal and a delay to the mining of ore. Under the
agreement with Kazzinc, mining is deemed start in October 2006 at the equivalent
of approximately 10,000 tonnes of zinc, on which the 2006 deferred payment is to
be based. This payment will be made at the end of January 2007 and will depend
on the average zinc price during the final quarter of 2006. If the zinc price
was to average US$2,500 per tonne during the final quarter (price currently
US$3,450 per tonne), the deferred payment for 2006 would amount to US$4 million.
Using Kazzinc's projections we expect the deferred payment for 2007 to be based
on the deemed maximum output of 60,000 tonnes of zinc (deemed minimum 40,000
tonnes of zinc) and, assuming an average price of US$2,500 per tonne, this would
amount to a payment of US$24 million in January 2008.


Big River Zinc

Negotiations regarding the purchase of the Big River Zinc Smelter are being
concluded and an announcement is expected imminently.


For more information please contact:

Andrew Woollett, ZincOx Resources plc
Tel: +44 (0) 1276 450 100

David Poutney /Chris Wilkinson, Numis Securities Ltd
Tel : +44 (0) 20 7776 1500

Laurence Read/Abigail Singleton, Conduit PR
Tel : +44 (0) 20 7429 6666

ZincOx Resources PLC
10 August 2006


ZincOx Resources plc - Holding(s) in the Company


ZincOx Resources PLC ('the Company') was notified on 9 August 2006 that Fidelity
International Limited (FIL), together with its direct and indirect subsidiaries,
both being non-beneficial holders, holds 5,053,200 ordinary shares of 25p each
in the Company, representing 10.90% of the Company's issued share capital.

Nice article by Mineweb.



http://www.mineweb.net/base_metals/140465.htm


ZincOx, low cost zinc and zinc oxide production with high added value
By: Rhona O'Connell
Posted: '06-SEP-06 10:31' GMT Mineweb 1997-2006


LONDON (Mineweb.com) --ZincOx Resources plc is a young company with a highly innovative technological approach that is leading it to production of zinc and zinc oxide from unconventional materials. Quite apart from two mining operations, the company has developed a new scrap recycling technique that generates zinc oxide from the dust generated in the electric arc process of scrap steel recovery. This is a low cost process with global potential that generates a produced that commands a substantial premium over the zinc price.

Andrew Woolett, the Chairman of ZincOx is a geologist of considerable experience, formerly with RTZ, Cluff Resources and latterly Reunion Mining, which brought on the Skorpion zinc mine in Namibia. At a presentation to the Mining Journal 20:20 Zinc Day in London he outlined the companys strategy and painted a bright picture of its future.

ZincOx is listed on AIM, ticker symbol ZOX with a market capitalisation of approximately 110 million (US$ 210 million) and currently has two mining and two recycling projects underway. The two mines are the Jabali, in the Yemen and Shaimerden in Kazakhstan. Both are moving into the production phase with substantial revenues Shaimerden due in 2007 (following start-up in 2006). The Turkish recycling project, the Aliaga, is scheduled for completion in mid-2007, while the Jabali mine and the Big River Zinc recycling project in the United States are both due on stream in 2008.

The Shaimerden project is a particularly interesting exercise. ZincOx sold a 95% interest in the property in December 2003 to Kazzinc, Kazakhstans largest zinc producer. The consideration was US$7.5 million in cash plus a deferred payment that relates to the first 200,000 tonnes of production, starting this month regardless of whether the operation is in production or not (Shaimerden is in fact due on stream on September 19th). At the time of the transaction, zinc was trading in the $800/tonne region and the payment schedule specifies that for every dollar on the zinc price that is in excess of $800/tonne (based on the average price of the previous year), ZincOx receives 23.5 cents. On the conservative basis of zinc at $2,000/tonne (zinc is currently trading at $3,500/tonne) this would mean payment to the company of US$56 million.

Shaimerden is an open pit project with the resource currently estimated at 4.55 million tonnes grading 21.14% zinc. Kazzinc plans to take the crushed ore from Shaimerden to processing plants at Ust-Kamenogorsk in the east of Kazakhstan, where it will be treated for the production of zinc metal.

The Jabali mine in the Yemen is owned as to 60% by ZincOx in joint venture with Anglo American Corporation (20%) and the Yemeni company Amsan Wikdfs (Hadramaut) Ltd. (20%). The mine is to be open pit, with a stripping ratio of just 2:1. The mineable resource is currently estimated to be in the region of nine million tonnes at 9.2% zinc, although Mr. Woolett believes there is the scope to expand this towards 15 million tonnes. This is the location of what was the worlds largest silver mine a thousand years ago, and which was rediscovered some 30 years ago. Given its location in a hilly area of the desert, the company likes to describe it as a brown hill site.

The deposit is predominantly carbonates, which is acid consuming and so solvent extraction does not work. ZincOx has therefore developed LTC (Leach-to-Chemical) technology, which via dissolution-filtration-purification-precipitation produces a high quality zinc oxide. This is significant as zinc oxide, which is used for ceramics, agriculture and rubber, commands a significant premium in price over the contained metal as it traditionally has had to be synthesised from zinc metal.

ZincOx is in the final stages of negotiating the mining lease and the plan is for 800,000 tpa of ore for 70,000 tpa of zinc oxide, of which 42,000 tpa will be attributable to ZincOx.

On the recycling side, Mr. Woolett noted that 33% of world steel production is from secondary material, largely using the electric arc furnace technique. During the process, base metal and halide impurities boil off and mixed with the air, form salts and precipitate as dust out of the gas stream. This Electric Arc Furnace Dust (EAFD) is typically 15-25% zinc, or between three and five times the grade of a typical zinc mine. There are roughly three million tones of EAFD produced per annum, giving 600,000 tpa of zinc content, or almost 7% of global demand. This has in the past been expensive to dispose of and a number of companies use landfill, paying a tipping fee to the local authorities.

ZincOx hydrometallurgical process described, above with respect to Jabali, can be applied to EAFD and ZincOx has secured several sources of EAFD for the recovery of contained zinc. The companys first two projects are Aliaga in Turkey and Big River in the US.

Aliaga has the 13th largest still production in the world, 69% of which comes from scrap. Currently the EAFD is mixed with slag and dumped on the ground and this has important political ramifications as it comes nowhere near the European Union environmental standards and as is well documented, Turkey is keen to become a member of the EU. The government is therefore enthusiastically embracing the ZincOx project. The plant site has already been purchased and the feasibility study envisages a two-stage development. The first is to treat the EAFD from Aliaga, to produce roughly 20,000 tpa of zinc oxide, and the second stage would take feedstock form the rest of the country to take output towards 30,000tpa.

Taking advantage of the liquidity that has been injected into the commodity markets by hedge fund activity, ZincOx has been able to obtain forward prices as far forward as seven years (as compared with the 27-month far distant month on the London Metal Exchange). The six-year quotes have revolved around $1,900/tonne, and seven years, $1,700/tonne. The company has taken a conservative assumption of a flat $1,800/tonne for the next five years and $1,300/tonne thereafter. This gives a 21% IRR and a net present value of 22 million using a 10% discount rate, based on the first phase 20,000tpa operation.

Big River in the US is a 100,000 tpa refinery that was active between 1929 and 2006. ZincOx purchased the plant from Korea Zinc in June 2006 for just 8 million (US$15 million) when low zinc prices had forced the closure of the Tennessee zinc mines and Korea Zinc saw no further future in sourcing concentrates from elsewhere. The process as it stands is conventional and so the early stages of the process need modification in order to treat EAFD, but the electro winning, melting, offices, etc are all effectively available of ruse. Initial production capacity is planned at 30,000 tpa, but the plan is to build this to 60,000 tpa and ultimately 100,000 tpa. The potential for expansion lies not only through the use of EAFD, but also for the use of traditional sulphide concentrates when they once more become available.

Big River is in Sauget, Illionois, a well-established industrial area with good infrastructure and excellent support from the State government, including tax incentives and the environmental requirements are not as stringent as for a Greenfield mining operation.

A capital cost estimate is scheduled for the fourth quarter of 2006, with financing expected to be completed soon after. The company hopes to start production in the fourth quarter of next year.

ZincOx aims to have both of these recycling projects on stream as soon as possible. The company is already negotiating EAFD supplies elsewhere in the world with a view to building a feasibility study on new projects. The scope for this process is considerable.

Thanks Andy, do you hold these ?

aldwickk,

Not yet, but I plan to.

I saw their 20 20 presentation this week, and the start of revenue this month is a boost for ZOX IMO, and should held drive the shareprice whilst other projects are brought online.

ZincOx Resources PLC
26 September 2006



ZincOx Resources plc ('ZincOx') (AIM:ZOX)

Interim Results for the Six Months ended 30th June 2006


Production commences at Kazzinc's Shaimerden zinc deposit triggering
deferred payments and cash flow stream to Zincox

At current zinc price, payments due in January 2007 and January 2008
would be US$7.2m and US$37.5m respectively

Shaimerden payments expected to continue until January 2010

Engineering design work progressing well at Big River Zinc project in USA
- operating and capital cost estimates expected by year end

Debt finance mandate awarded for Jabali project in the Yemen

First production from Aliaga project in Turkey, expected in 2008

Electric Arc Furnace Dust supply option agreement signed with two major
steel producers in Thailand as part of new project evaluation in that area

'As part of our global recycling strategy, we have for some time been
investigating other EAFD producing countries and are delighted that we have
signed up agreements with two major steel producers in Thailand for what amounts
to about 35,000 tonnes per annum of EAFD, having an average grade in excess of
20% zinc. We are therefore hopeful that we may soon have enough EAFD under
option to be able to consider a new project in Thailand and that this could be
the first of a number new locations to be announced over the next year or so'
said Chairman Andrew Woollett today.


Contacts:

Conduit PR: Tel: +44 20 7429 6666
Leesa Peters Mob: +44 (0) 7812 159 885
Ed Portman Mob: +44 (0) 7733 363 501


ZincOx Resources plc Tel: +44 1276 450100


Chairman's Statement

I am delighted to report that production commenced at Kazzinc's Shaimerden zinc
deposit in Kazakhstan on September 17th, and that we have started to accrue the
deferred payments due under the sale agreement. This marks the commencement of a
cash flow stream for the Company that is likely to be spread over the next five
years. The amount of the deferred payment is based on the amount of zinc mined
and the average zinc price for the year, and is payable by the 30th of January
of the following year. If the zinc price from the 17th of September through to
the end of the year was to average the price today, US$3,430 per tonne, the
first payment, due on 30th January 2007, will be US$7.2 million dollars, based
on 11,507 tonnes of zinc being mined. If the average zinc price were to remain
the same for 2007, the payment for next year, payable in January 2008, would be
US$37.5 million.

The deferred payment is due on only the first 200,000 tonnes of zinc mined at
the rate of US$0.2375 for every dollar that the price of zinc is above US$800
per tonne. The 2006 payment is based on a deemed minimum production of 40,000
tonnes per annum but reduced prorata for the period 17th September to the year
end. Independent consulting mining engineers, Orelogy Pty Ltd, have recently
carried out a review of Kazzinc's mine plan for Shaimerden. Orelogy have
confirmed that the mine plan is reasonable and achievable and that mining of
200,000 tonnes of zinc should be achieved by September 2007. We can, therefore,
expect our deferred payments to be based on 60,000 tonnes of zinc per annum for
2007, 2008 and 2009 and 8,493 tonnes for 2010.

The Shaimerden deferred payments create the equivalent of a short term cash flow
that would be similar to having a medium sized zinc producer of our own, but
without having suffered the dilution in shareholder equity normally associated
with the cost of developing a new mine.

Elsewhere the first half of 2006 saw the completion of our acquisition of the
Big River zinc smelter, in Illinois, the advancement of the Aliaga recycling
project, in Turkey along with solid progress at our Jabali mine project in Yemen

The acquisition of Big River has been a major leap forward for the company. The
Big River smelter has a capacity of 100,000 tonnes of zinc per annum and would
cost in the order of 220 million to build today, following what would likely
involve several years of environmental permitting. Our purchase cost amounted to
8.1 million and this represents an exceptional opportunity for us to enter the
US market both quickly and cost effectively.

By installing new equipment in the first half of the process we will be able to
convert the plant to treat EAFD, a waste material produced by the recycling of
galvanised scrap. This sort of material is plentiful in the eastern half of the
USA and Big River is therefore well placed for sourcing this new feed in stark
contrast to the previous operation which relied on local zinc mines that are all
now closed and concentrate from Doe Run.

It was the recent mine closures and the limitations on the type of feed that can
be treated by the equipment at Big River which forced the smelter to source high
purity zinc concentrate on the international spot market at a time when such
material was exceptionally expensive. This led to the decision by the previous
owners to suspend operations temporarily. ZincOx was keen to restart the
operation but the refusal by Doe Run to continue the supply of concentrate on
the existing contractual terms meant this was not possible. However, in the
future, we believe the relative price of appropriate concentrates is likely to
return to historical levels, and at such a time it may be attractive to restart
production based on the existing equipment which would then supplement the feed
from the new EAFD operation.

The use of EAFD at Big River is made possible by zinc solvent extraction
purification technology, the largest application of which has been the Skorpion
project in Namibia. SNC Lavalin, Montreal, the engineering company responsible
for the development of the Skorpion project have been appointed as lead
engineers for the Big River Zinc redevelopment. Engineering design work is
progressing well and operating and capital cost estimates will be completed the
before the end of this year with first production expected at the end of 2007.


At Jabali our cost review is ongoing in parallel with the debt financing of the
project. In respect of the latter Jabal Salab, our Yemeni resident subsidiary
company, has recently mandated Exotix Ltd, a subsidiary of the London based
ICAP, to arrange debt finance for the development. Exotix are a specialist bond
financing team experienced in emerging markets. We are hoping to have debt
finance in place, subject to documentation, by the start of next year.

Progress on the Aliaga Recycling Project has been disappointing due to a delay
in the approval for planning permission in respect of the plant and residue
disposal site. This now falls on the critical path for the development of the
project and the current delays are likely to preclude first production before
the end of 2007.

As part of our global recycling strategy, we have for some time been
investigating other EAFD producing countries. I am delighted to report that we
have signed EAFD supply option agreements with two major steel producers in
Thailand for what amounts to about 35,000 tonnes per annum of EAFD, having an
average grade in excess of 20% zinc. We are therefore hopeful that we may soon
have enough EAFD under option to be able to consider a new project in Thailand
and that this could be the first of a number new locations to be announced over
the next year or so.

To date, 2006 has been an intense period of activity for everyone in the company
and on behalf of the shareholders I would like to thank all of the staff for
their tremendous efforts during this period.

Andrew Woollett
Chairman

26 September 2006

Buy Zincox and Tinopolis
Says Zak Mir of Zaks-TA.com


Zincox (ZOX):

On the Zincox chart of the stock we see that there has been a very sharp and persistent uptrend in place. The main characteristic of the bull run shows that new support has generally come in at or above previous resistance in the 2005-2006 period. This indicates that, even after the November failure to beat early 2006 resistance, the overall tone of this stock is very bullish.

The best strategy at this stage is to go long on any dips towards the blue 50-day moving average at 256p, even with the RSI at 68, it means that going long at current levels couldn't be wrong. The 50-day line provides for a decent end-of-day close stop loss stop loss as we target the blue May resistance line at 305p initially, with the final destination the August 2004 resistance line at 400p.

ZincOx Resources plc 25 January 2007
('ZincOx' or 'the Company')(AIM:ZOX)


US$9 million received as the first instalment of the Shaimerden deferred
payments

ZincOx Resources plc has received US$9,042,776 from JSC Kazzinc (Kazzinc), being
the first tranche of the deferred payment due under the 2003 sale agreement for
the Shaimerden zinc deposit, in Kazakhstan (the Agreement)

Commenting on the announcement, Andrew Woollett, ZincOx's chairman, said 'This
payment is the first of five payments which we expect to increase substantially
over the next couple of years and will continue beyond the point at which we
plan to have our own operations in production'.

Under the Agreement the deferred payments are being made in respect of the first
200,000 tonnes of zinc mined from the deposit, at the rate of US$0.2375 per
tonne for every dollar that the price of zinc is above US$800 per tonne. The
zinc price is based on the average daily LME price for the period and payment
for the year is before the end of January of the following year.

While production commenced at Shaimerden on 17 September, the 2006 payment is
based on a deemed minimum annual production of 40,000 tonnes. This is reduced
pro rata for the period 17 September to the year end and therefore amounts to
11,616 tonnes. The zinc price from 17 September 2006 through to the end of that
year was an average of US$4,077 and hence the amount received by the Company was
US$9,042,776. In addition to a minimum rate of production there is a maximum
rate equivalent to 60,000 tonnes per annum.

Independent consulting mining engineers, Orelogy Pty Ltd, have carried out a
review of Kazzinc's mine plan for Shaimerden. Orelogy have confirmed that the
mine plan is reasonable and achievable and that mining of 200,000 tonnes of zinc
should actually be achieved by September 2007. ZincOx can, therefore, expect the
deferred payments to be based on the deemed maximum rate of production, 60,000
tonnes of zinc per annum, for 2007, 2008 and 2009 and the balance of 8,384
tonnes for 2010.


For more information please contact:

ZincOx Resources plc
Simon Hall +44 (0) 1276 450100

shall@zincox.com

www.zincox.com



Aldwickk.

ZincOx Resources PLC
20 February 2007


New US Recycling project and expansion at Big River Zinc - 20 February 2007

ZincOx Resources plc (ZOX), is pleased to announce the completion of
pre-feasibility studies on an integrated zinc and iron recycling project which
will include a new facility in Ohio and modifying and refurbishing the Big River
Zinc plant near St Louis.

Using a zinc price of US$1,900 per tonne for the next five years and US$1,500
thereafter the Ohio Project and Big River Zinc Project individually have
internal rates of return of 20% and 35%, and have, net present values of
US$60million and US$129million respectively (post tax, pre finance 10% discount
rate).

Commenting on the announcement, Andrew Woollett, ZincOx's Chairman said 'These
two projects, together with our new Turkish Project, complete the operating
structure for our first fully integrated zinc, lead and iron recycling concept.
This structure will enable us to recycle virtually all the valuable metals found
in electric arc furnace dust (EAFD), a problematic waste material produced when
galvanised steel is recycled. This structure and the proprietary technology
involved represents a blueprint that we intend to repeat elsewhere in the
world'.

At the Ohio Project a rotary hearth furnace will be used to treat EAFD to
recover zinc and lead in an oxide concentrate (HZO) and to recover the contained
iron as a Direct Reduced Iron (DRI) product. The DRI will be melted in a small
electric furnace that will produce a very clean slag suitable for construction
purposes and pig iron which will be sold to the steel industry. The plant will
be designed to treat 200,000 tonnes per annum of EAFD for the production of
48,000 tonnes of zinc contained in HZO and about 50,000 tonnes of pig iron. The
HZO will be sent to Big River Zinc for the recovery of the valuable metals. The
Ohio plant will take approximately 18 months to construct at a capital cost of
about US$107million.

In June 2006, ZincOx acquired the Big River Zinc smelter, in Sauget, Illinois
(BRZ). The HZO from both the Ohio Project and from the Aliaga project in Turkey
will be processed at BRZ. The zinc contained in the HZO will be dissolved in
BRZ's refurbished leach plant. The resultant zinc bearing solution will be
purified in a new solvent extraction circuit, prior to conventional zinc
recovery using BRZ's existing electrowinning, melting and casting equipment to
produce zinc ingots. The ZincOx management team used the solvent extraction
process in the design of the flowsheet for the Skorpion zinc oxide deposit in
Namibia, where it now accounts for 150,000 tonnes of zinc metal production per
annum. Big River will be designed to produce 90,000 tonnes of Special High Grade
quality zinc metal per annum. The refurbishment of the Big River plant and
installation of solvent extraction will take approximately 16 months at a cost
of about US$90million.

At Aliaga, in Turkey, (see announcement dated: 12 December 2006) ZincOx is
planning to develop an EAFD processing plant similar to that proposed for the
Ohio project. The capital cost of the Aliaga project is expected to be
US$106million with production commencing in mid 2008.

The development of the plants in Turkey and Ohio and the refurbishment of the
Big River Zinc facility are expected to require total capital expenditures of
about US$303million, including contingencies. The company is investigating
various financing strategies including participation by one of ZincOx's largest
shareholders, Teck Cominco. In December 2006, Teck Cominco, the world's second
largest zinc mining company, increased its interest in ZincOx by 3.5% to 11.5%.
Commenting on the financing, Andrew Woollett said 'There are a number of
attractive financing options available to us, including the early sale of the
future Shaimerden deferred payments, and we are optimistic that we will be able
to develop these projects without a major issue of new equity.'

anyone still holding zincox.?Is there more to come.?(ie shares going up)

LONDON (Thomson Financial) - ZincOx Resources PLC said the Yemen parliament has approved the contract for development of Jabali zinc mine located 100 kilometres north east of the capital city, Sana'a.

The zinc oxide mineral exploration company said it expects the capital cost of about 176 mln usd for developing the project.

The company said the deposit is expected to be mined at the rate of 800,000 tonnes per annum of ore for the production of about 70,000 tonnes per annum of high quality zinc oxide. Production is scheduled to begin in the middle of 2009, it added.

ZincOx said it is in advanced stage discussions with London-based investment banking boutique, Exotix Ltd for a financing facility.

The contract is an agreement between the Ministry of Oil and Minerals, representing the Government of Yemen, and Jabal Salab Co (Yemen) Ltd, in which ZincOx holds a 52 pct stake with the remaining 48 pct stake being held by Ansan Wikfs (Yemen) Ltd, the company said.

new article, time for a rebound?

Click HERE

Andy, I sold the last of mine at 236 a few weeks ago, also sold GFM, and topped up my main core holdings AFR and CEY.

All a bit quiet but still holding from over 140p, I see though acc advfn they've received payment today for Shaimerden
link:
http://www.proactiveinvestors.co.uk/companies/news/4177/zincox-resources-confirms-receipt-of-us157-million-from-sale-of-shaimerden-deposit--4177.html
"
Following the receipt of the Shaimerden payment, expected before the end of this month, ZincOx will have almost US$92.5 million in cash. The Company is therefore in a remarkably strong position compared to many of its peers in the junior mining sector and is well equipped to ride out the current very challenging economic environment.
"
Market cap 21 million smacks of a serious undervaluation here. Well overlooked this company.

flying today and what a chart, around 135p of cash on the balance sheet after recent royalty payment plus quite a few assets! 135p being bought for 43p as we speak!!!

I like the look of the chart a nice rounded bottom worth buying for that alone..back to 60p imo.

Does look good.

some superb comment on the advfn thread, this looks like an undiscovered gem which seems to be re-rated at long last as it's not really a miner as such. The nav must be around 140p all for 41p a share!! Take a trip over to advfn and you'll see what I mean. proactive investor site has some great info also.

flying now, think 140p is valuation just with cash, they also have a few years of royalty payments, looks a fantastic find, loading up here.

a load more cash reserved and added to the cash pile this morning after that rns. Looking good level2.

aghh! Penny dropped with a few this morning.

Looking great glad I'm in @39p.

mitzy are you still in @ 39p?

hi halifax..no I sold the other week .

waiting for the next buy signal...

mitzy do we have a buy signal?

Yes I think we do halifax.

Will buy first thing on opening.

lol

You have a problem.

New article, click HERE

RNS giving notice of general meeting proposing removal of board directors... why?

nice chart remind's of how lucky i was to sell when the price was around 300p

North Korea not the safest place to be doing business at the moment.

FREE EVENT

The directors of Plato Gold Corp (TSX-V: PGC), Oracle Coalfields (PLUS: ORCP), Beowulf Mining plc (AIM: BEM) and ZincOx Resources (AIM: ZOX) will be presenting:

Thursday the 17th February 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/101

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.


If you have any problems registering or queries please email events@proactiveinvestors.com.au.

The directors of Biome Technologies (AIM: BIOM), Fusion IP (AIM: FIP), Mountfield Group Plc (AIM: MOGP) and ZincOx Resources (AIM: ZOX) will be presenting:
Wednesday the 7th September 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)


EVENT DETAILS:

DATE: Wednesday 7th September 2011

TIME: 5:45pm arrival (for a 6:00pm start)

VENUE: Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

ROOM: Charles Suite

OTHER: Complimentary wine & canape reception


FREE registration for this event: http://www.proactiveinvestors.co.uk/register/event_details/120

Time to take a look at the stock @ 0.825p ( 0.80/0.85p)

Had the large retracement and the sells have stop, now should the time to start buying as the Level 2 is positive 3 v 1 and the chart at support. A shell company that 50 days ago raised money at 1p.

Moving around the bottom as Indicator Slow Stochastic is at oversold now

ZOX 0.8250 =

ZINCOX RESOURCES - signal update
Last Pattern:BULLISH HARAMI CROSS

Pattern Description This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami.

Http://wealthv.com/charting/candelstick/candlesticker/bullish/bullish_harami_cross.htm

Some movement up on the offer price

the bounce is happening after a rush of buyers at the moment

0.90p+0.05p

another move up, looking better now and the trend is changing

Large spread cut
the recent large spread has put off many investors for the last couple days 0.80 v 1p
But this morning one Market Maker has decided to bring down the offer price to 0.90p and since 2 buy trades have taken place

The bid is well supported with 3 MMs

The cutting of the spread has work and as new buyers appeared and the bid has gone up to 0.85p and now the spread is very good indeed.

second move up today, earlier offer on the move to 0.95p and now 1p
the spread once again is larger now, but the buys are over the market size 100K and MMs must be short of stock

0.925p =

Slowly there is small buys for the last few days with a couple of very small sells.
But today is all buys with 4 lots of 100k, wonder if someone is accumulating in small lots in order not to bring the prices up, but one MMs has gone up on the bid joining another one already there