Andy
- 09 Jul 2006 13:12
Company Profile
The Oxus Group was established in 1996 and quoted on the Alternative Investment Market (AIM) in London in 2001.
Oxus Gold plc is a UK based international mining group with gold mining interests in Central Asia. Oxus is the joint owner (50/50) with the government of Uzbekistan of Amantaytau Goldfields (AGF) which is developing several mining operations in the Tien Shan gold belt near Zarafshan.
The first mine was constructed and commissioned by Oxus in January 2004 on time and within budget and commercial production began the following month. AGF has since produced more than 270,000 ounces of gold to the end of September 2005 and is now producing at the planned rate of 151,000 onces per annum.
Amantaytau - Jul 2004

Contact details
Oxus Gold plc - Head & Registered Office
Tel: +44 (0)20 7907 2000
Email: enquiries@oxusgold.co.uk
Web: www.oxusgold.co.uk
For Oxus Gold press releases, click
HERE
smiler o
- 10 Nov 2006 20:33
- 204 of 817
ajcc, still holding for the mo ! the games a foot !! did you get my return e mail ?? :)
ajcc
- 10 Nov 2006 21:01
- 205 of 817
Hello smiler - negative re. the email.... something up there methinks (will check again now) I trimmed a little - topslicing as she goes but i expect further gains... hope you had a good day?
smiler o
- 10 Nov 2006 21:05
- 206 of 817
Busy ! ok will try e mail again
janetbennison
- 10 Nov 2006 22:37
- 207 of 817
oxus are tipped as a buy they may hit the .40p level on monday. Today very encouraging . who knows. have a nice weekend from janet. Some people may not be very happy that I am dealing in oxus shares. I do not want to fall out with anyone. 100,000 to sell on monday, I hopefully will take my profit and will relax.
smiler o
- 11 Nov 2006 08:56
- 208 of 817
JB you are here to make money, how or what shares you buy is up to you! + you have have made a few quid and may make a bit more, good luck ! :)
smiler o
- 13 Nov 2006 14:53
- 209 of 817
ajcc, did you get 2nd e mail ? if not send me one and i will return one + did you get any BLR ?
ajcc
- 13 Nov 2006 14:55
- 210 of 817
smiler o - no, no emails!!! will send another....
smiler o
- 13 Nov 2006 15:36
- 211 of 817
got it : )
capetown
- 13 Nov 2006 19:22
- 212 of 817
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Oxus Gold PLC
13 November 2006
Oxus Gold plc ('Oxus' or 'the Company')
Holdings in Company
Oxus received notification on 10 November 2006 pursuant to the provisions of the
Companies Act 1985 that L-R Managers, LLC, on behalf of its affiliates,
including
L-R Global Partners, L.P and L-R Global Fund Ltd, has increased its shareholding
to a total of 29,300,000 ordinary shares and representing 9..83 per cent of the
ordinary issued share capital of the Company.
For further information, please contact:
Oxus Gold plc
Richard Wilkins, Company Secretary Tel: + 44 (0)20 7907 2000
Bankside Consultants Ltd
Keith Irons/Oliver Winters Tel: + 44 (0)20 7367 88
This information is provided by RNS
The company news service from the London Stock Exchange
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2006 MoneyAM
smiler o
- 13 Nov 2006 20:04
- 213 of 817
Thanks cape, that was out late !! : )
janetbennison
- 17 Nov 2006 11:22
- 214 of 817
hello smiler are you still holding your shares? Do you know why they have fall this morning down to 26p.
cynic
- 17 Nov 2006 11:40
- 215 of 817
so why did you not sell out days ago? ...... this company's life is totally dependent not only upong a favourable court ruling but also the ability to enforce it ...... a share for mug punters or total gamblers, though the roulette wheel would be a btter bet
mcgrath1958
- 17 Nov 2006 11:46
- 216 of 817
Cynic , i do agree with you as they say what goes up can come down again! I believe grim news is coming shortly , the markets are normally in the know!
smiler o
- 17 Nov 2006 16:08
- 217 of 817
Uzbekistan to sell assets of Zarafshan-Newmont in December 17.11.2006 13:43:19*
Source uzreport.com
JB, still holding a few, I did top up at 10.50 so still in a good profit and not so much of a risk for me, however still rocky but could go either way, The right way I hope !! :)
smiler o
- 24 Nov 2006 07:50
- 218 of 817
Oxus Gold PLC
24 November 2006
news release
For immediate release - Friday, 24 November 2006
OXUS GOLD PLC
Oxus Gold and KazakhGold in successful joint venture bid for Romanian gold plant
and exploration properties
LONDON: 24 November 2006 - Oxus Gold plc ('Oxus' or the 'Company') announces
that, together with KazakhGold Group Limited ('KazakhGold'), it has formed a new
50:50 joint venture, Romaltyn, which has successfully bid in open auction to
acquire the assets of a gold project in Romania that were placed in liquidation
in April, 2005.
Oxus and KazakhGold jointly bid US$6.99 million, including US$1.12m VAT, for the
assets which include a 2.5m tpa gold treatment plant, formerly operated by
Transgold, a 50:50 joint venture company between Eurogold Limited of Australia
and Remin, the Romanian state mining company. The plant, which ceased operating
in 2005, is located on the outskirts of the town of Baia Mare. Other assets
acquired are the 8.5m tonnes Central Tailings dump located 7.8km from the plant,
together with stockpiled gold-bearing pyrite resources and two exploration
tenements, Sophia and June 11, over which 12-month exploration licences will be
re-instated.
Once the plant is recommissioned by Romaltyn, in approximately six months time,
the project offers the potential to generate rapid payback on investment and
provides an opportunity for exploration and development of additional resources
in the area.
In a second auction, the two companies paid US$300,000 for Explorer SA, a
company in voluntary liquidation which holds three further exploration tenements
in the area, the largest of which, Rascau South East, has a three-year
exploration licence.
The Transgold plant was designed and built by Lycopodium for US$28m and has an
estimated replacement cost of around US$40m. The JV estimates that it can be
brought back into production after expenditure of approximately US$5.25m on
clean-up, minor repairs and the replacement of some equipment. Thus the total
financial commitment by the joint venture is estimated to be US$12.54m.
Once recommissioned, the plant would treat approximately 2m tonnes of tailings
in the first year, producing approximately 30,000 ounces of gold at an average
recoverable gold grade of 0.48g/t.
The auction process on behalf of the joint bidders was led by John Cutler, chief
executive of MAED Ltd, the international engineering group specialising in the
design, construction and operation of process plants for a broad spectrum of
metals. MAED will be leading the rehabilitation and recommissioning of the
Transgold plant before stepping back and handing over the project to the joint
venture management team
Oxus has long been interested in acquiring the Baia Mare plant and decided to
bid for the Transgold assets in a joint venture with KazakhGold as part of a
developing strategy to operate in eastern Europe and central Asia with joint
ventures in order to spread risk and share the funding requirements. Oxus
believes that adopting this strategy will provide greater opportunities for
development within the region.
END
smiler o
- 24 Nov 2006 07:51
- 219 of 817
KazakhGold-Oxus Joint Venture Successfully Bids For
Transgold Plant And Deposits In Romania
Plant And Related Assets Acquired For US$6.99 Million
New 50:50 Romaltyn JV Set Up To Manage Project
Low Cost High Return Cash Generative Gold Venture
KazakhGold Group Limited (London: KZG) announces that, together with AIM-listed
Oxus Gold, it has successfully bid US$6.99 million (inclusive of US$1.12m VAT)
in open auction for the assets of a gold project in Romania that were put into
in liquidation in April, 2005. The newly formed 50:50 joint venture, Romaltyn,
expects to recommission the project and bring it back into production in
approximately six months time. The project offers the potential to generate
rapid payback on investment and provides an opportunity for exploration and
development of additional resources in the area.
The assets include a 2.5mt/yr gold treatment plant, formerly operated by
Transgold, a 50:50 joint venture company between Eurogold and Remin, the
Romanian state mining company. The plant, located on the outskirts of the town
of Baia Mare, ceased operation in 2005 when the tailings line froze and
insufficient funds were available to rectify the problem.
Other assets acquired by the Romaltyn JV are the 8.5m tonnes Central Tailings
dump located 7.8km from the plant, together with stockpiled gold-bearing pyrite
resources and two exploration tenements, Sophia and June 11, over which 12-month
exploration licences will be re-instated.
In a second auction, the two JV companies paid US$300,000 for Explorer SA, a
company in voluntary liquidation which holds three further exploration tenements
in the area, the largest of which, Rascau South East, has a three-year
exploration licence.
The Transgold plant was designed and built by Lycopodium for US$28m and has an
estimated replacement cost of around US$40m. The JV estimates that it can be
brought back into production after expenditure of approximately US$5.25m on
clean-up, minor repairs and the replacement of some equipment. Thus the total
financial commitment by the joint venture is estimated to be US$12.54m.
Once recommissioned, the plant would treat approximately 2m tonnes of tailings
in the first year. The average recoverable gold grade of this material is
estimated at 0.48g/t gold which, at a gold price of US$620/oz, would generate
revenues of US$19m and a healthy operating margin.
The auction process on behalf of the joint bidders was led by John Cutler, chief
executive of MAED Ltd, the international engineering group specialising in the
design, construction and operation of process plants for a broad spectrum of
metals. MAED will be leading the rehabilitation and recommissioning of the
Transgold plant before handing over the project to the joint venture management
team
Oxus Gold has been interested in acquiring the Baia Mare plant for some time and
has a thorough understanding of its capabilities. KazakhGold visited the plant
in 2002 whilst investigating the possibility of establishing a working
relationship with Eurogold.
Commenting today, Dr Kanat Assaubayev, President of KazakhGold, said: 'Although
the key focus for the KazakhGold management team is developing the mines at the
three main deposits, Aksu, Bestobet and Zholymbet in Kazakhstan, today's
announcement represents a small exciting joint venture opportunity which we are
confident will achieve high returns.'
Further information:
Ron Marshman/John Greenhalgh
City of London PR Limited
Tel: 020-7628-5518
Conference Call
Mr Aidar Assaubayev, Deputy Chief Executive of KazakhGold, will be explaining
the rationale behind the bid and answering questions via a conference call
facility arranged for 11.00am London time today.
Those wishing to participate should telephone: 00 +44 7162 9962 PIN: 729331#
This information is provided by RNS
The company news service from the London Stock Exchange
smiler o
- 24 Nov 2006 07:54
- 220 of 817
: ))
smiler o
- 24 Nov 2006 09:12
- 221 of 817
KazakhGold website: "The Group also plans to seek growth opportunities elsewhere in Kazakhstan and Central Asia where its established exploration, mining and processing skills have the potential to add value to shareholders. The Group also intends to seek international joint ventures and other strategic arrangements."
capetown
- 24 Nov 2006 09:54
- 222 of 817
Well done for hanging in there smiler
smiler o
- 24 Nov 2006 10:02
- 223 of 817
yes still holding, more strings to their Bow which will help the current situation : )