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

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 !! :)

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

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

: ))

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."

Well done for hanging in there smiler

yes still holding, more strings to their Bow which will help the current situation : )

ajcc did you get e mail

smiler - will check now (not holding my breath though....!)

Smiler - nothing found!!!!!!!!!!!!!!!!!!!!!!! Maybe something to do with your/my security settings? i can recieve other emails though and have not (as far as i know) had problems with other contacts on my email list. Ho hum...

Ok will go to plan B !! WILL ring you Mon Morning :)

Eurogold Limited
28 November 2006


EUROGOLD

L I M I T E D

(ACN 009 070 384)



28 November 2006 ASX & AIM Symbol 'EUG'


Transgold S.A and Explorer S.A


Further to our last quarterly report, Eurogold Limited has been advised that the
liquidator of Transgold S.A. and Explorer S.A. has sold the assets of these
entities to a joint venture between Oxus Gold plc and KazakhGold Group Ltd for a
total of around US$7.3 million (inclusive of VAT).

Subject to the Republic of Hungary successfully appealing the Romanian courts
decision not to recognise the Republic of Hungary as a creditor of Transgold
S.A., the liquidation is expected to result in Eurogold being repaid part or all
of its debt to Transgold S.A. of around US$3m.


Yours sincerely


PETER GUNZBURG
Executive Chairman
Eurogold Limited

I HOPE THEY GET HAMMERED (GOT RID OF MINE MONTHES AGO)

Parkin why is that?

What abt all the holders of oxs dont they deserve not to get hammered?

LONDON (AFX) - Oxus Gold PLC said its Amantaytau Goldfields showed a 'significant' rise in gold and silver mineral resources with overall increase in gold of 41,000 ounces compared with last year.

It said mineral resources estimated by geological evidence (or inferred mineral resource) rose by 650,000 oz of gold and 7.79 mln oz of silver, and are planned to be upgraded by further exploration activity.

newsdesk@afxnews.com

pmi/nes

Oxus Gold PLC
30 November 2006


news release

For release: 30 November 2006

Oxus Gold plc

Mineral Resources and Ore Reserves Statement
at 30 June 2006

LONDON: 30 November 2006 - Oxus Gold plc ('Oxus' or the 'Company') is pleased to
state an increase in JORC classified gold and silver Mineral Resources and gold
Ore Reserves at Amantaytau Goldfields and report on its Mineral Resources and
Ore Reserves statement as at the end of the Company's financial year.

The Ore Reserves show an overall increase in gold of 41,000 ounces as compared
to the previous year. Significantly, this is in addition to the 146,937 ounces
of gold mined during the year, hence the Ore Reserve ounces have been
replenished in excess of the rate of mining by the conversion of Mineral
Resources.

Measured plus Indicated Mineral Resources have increased substantially by
743,000 ounces of gold and 14.48 million ounces of silver. This increase
provides a further platform for the Company's growth potential as it continues
to convert resources into reserves for future mining. Inferred Mineral Resources
have also increased substantially by 650,000 ounces of gold and 7.79 million
ounces of silver, and are planned to be upgraded by further exploration
activity.

During the year, 37,196 metres of exploration and development RC drilling, 942
metres of core drilling and 585 metres of trenching was completed on a number of
deposits of the AGF licence area. On the basis of this new information, enhanced
by data entry of Uzbek/Soviet sourced exploration results, resource modelling of
3 gold deposits at AGF has been completed. In addition, satellite based
structural and alteration interpretation of the AGF licence area has defined new
oxide targets. Significantly, Oxus has evaluated a number of deeper sulphide
extensions to the oxide pits and has increased the future growth potential of
the company.

The main Group changes occurred at Amantaytau Goldfields (AGF - 50% Oxus),
where;

Attributable Measured plus Indicated Mineral Resources within the AGF
licence area increased by 743,000 ounces to 2.49 million ounces of gold and
silver increased by 14.48 million ounces to 19.33 million ounces, and
attributable Inferred Resources increased by 650,000 ounces to 1.19 million
ounces of gold and silver increased by 7.79 million ounces to 8.02 million
ounces.
Attributable Ore Reserves within the AGF licence increased by 41,000
ounces to 1.47 million ounces of gold and silver decreased by 939,000 ounces
to 3.67 million ounces.

The changes at AGF described above in terms of the JORC Mineral Resources and
Ore Reserves were;

Following exploration and remodelling, the oxide Measured plus
Indicated Mineral Resources increased by 5.0 million tonnes containing a
reduction of 42,000 ounces of gold and an increase of 1.48 million ounces of
silver, and the Inferred Mineral Resource increased by 1.38 million tonnes
containing 31,000 ounces of gold and 274,000 ounces of silver;

Following exploration of open pitable sulphide mineralisation below
the existing oxide resources and the reduction in cutoff grade at Amantaytau the
sulphide Measured plus Indicated Mineral Resources increased by 26.9 million
tonnes containing 1.53 million ounces of gold and 27.47 million ounces of silver
and the Inferred Mineral Resource increased by 21.1 million tonnes containing
1.27 million ounces of gold and 15.3 million ounces of silver;

Following mining depletion, orebody remodelling and block model
adjustment as a result of grade control the Carbon-In-Pulp Plant (CIP) and Heap
Leach Ore Reserves reduced by 1.72 million tonnes containing 297,000 ounces of
gold and 1.88 million ounces of silver. The remaining CIP ore is at a lower
average grade of 1.56g/t gold compared with 2.09g/t gold reported previously,
and the average heap leachable silver grade dropped to 43.70g/t, from the 68.37g
/t previously reported;

Sulphide Ore Reserves increased by 4.24 million tonnes containing
378,000 ounces of gold as a result of a reduced cut-off grade to 3.5g/t gold
calculated for the new Amantaytau underground mine design, with a resultant
grade of 7.71g/t gold compared with 11.54g/t gold reported previously.

Subject to licence approvals at Ayirak and Tamdy areas in Uzbekistan and
international arbitration at Jerooy, Kyrgyzstan;

The Company's attributable JORC compliant Mineral Resources (Measured plus
Indicated) are 41.69 million tonnes at 2.96g/t gold and 14.42g/t silver for
3.97 million ounces of gold and 19.33 million ounces of silver, and Inferred
Resources are are 32.96 million tonnes at 2.53g/t gold and 7.57g/t silver
for 2.68 million ounces of gold and 8.02 million ounces of silver.
The total attributable JORC compliant Ore Reserves (Proven plus Probable)
for the Company are 18.91 million tonnes at 4.18g/t gold and 6.03g/t silver
for 2.54 million ounces of gold and 3.67 million ounces of silver.
The total attributable JORC compliant Exploration Results for the Company
are 4.01 million ounces of gold and 36.40 million ounces of silver.
In addition to the JORC resources, the attributable Soviet classified P1
category is 5.22 million ounces of gold and 158.91 million ounces of silver,
and Soviet P2 category is 6.93 million ounces of gold and 25.11 million
ounces of silver, which will be future targets for conversion to JORC
classified resources

A detailed listing of results of all the exploration work carried out during the
year will be presented on the Company's website (
www.oxusgold.co.uk),
including
exploration drillhole results, the exploration trenching methodology and
results. In addition, an explanation of the resource classifications used will
also be presented.

It is the intent of the company to continue to define additional resources and
to upgrade the existing resources for conversion into reserves, with the aim to
assess the potential to extend or increase ore throughput at AGF's existing CIP
process plant. The possibility of further heap leach units to exploit lower
grade oxide material is also under consideration.

As part of the Group's long term exploration strategy, cost effective value
added exploration programmes are envisaged. Core drilling will be utilised for
specific projects such as deep sulphide drilling, Amantaytau sulphide 'superpit'
evaluation, geotechnical and metallurgical drilling. Oxus intend to continue
advancing the exploration of the AGF licence area to evaluate the remaining
targets in order to define the upside potential and develop a robust future
mining plan.

The current Oxus Group's resources and reserves are summarized below.

A detailed exploration year end report including the detailed tabulation of
resources and reserves will also be presented on the website.

The resources and reserves are stated in accordance with the AIM Guidance for
Mining, Oil and Gas Companies for reporting, and adopt the 'JORC Code'
(Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves prepared by the Joint Ore Reserves Committee) classification as
well as the Russian system of classifying resources and reserves where
applicable. In accordance with the rules, the total project and Oxus
attributable ounces of gold and silver are presented.

The resources and reserves stated in this report have been compiled by the
following Competent Persons:

P S Newall, BSc, ARSM, PhD, CEng, FIMMM
Wardell Armstrong International Ltd

P Newall, is Senior Consulting Geologist and Director with WAI and has practiced
his profession as a mine and exploration geologist for over twenty years for
both base and precious metals.

Stephen John Westhead, BSc, MSc, PhD, CGeol, FGS, MIMM

Steve Westhead is the Oxus Gold plc group Chief Geologist, has over 17 years
experience in the exploration and mining industry, with experience in Europe,
India, and Central Asia. Following PhD graduation, he worked in India for 4
years and was a founder member of Fluor Daniel India, Stephen has been employed
within the Oxus Group since 1997.

Gordon Wylie BSc (Hons) Geology, MAusIMM, FGSSA

Gordon Wylie is a consultant and non-executive Director of Oxus Gold plc. Gordon
has over 30 years experience in the mining and exploration industry. From 1998
to 2005 Gordon was in charge of AngloGold and latterly, AngloGold Ashanti's
global exploration programme and was appointed Executive Officer in early 2004.

William J Charter, BSc, CGeol, FGS, CEng, MIMM

Bill Charter has over 28 years experience in mining and exploration industry.
Having gained experience with Anglo American Corporation (in Fiji and South
Africa), then worked in Central Asia and other locations worldwide. Started work
with the Oxus Group in 1996. In November 2003 was appointed as Technical
Director of Marakand Minerals Limited, also acting as Geological Consultant to
Marakand's parent company Oxus Gold plc.


To view the tables showing Oxus Gold PLC's Precious Metal Resources as of 30th
June 2006, please click on the link below:


http://www.rns-pdf.londonstockexchange.com/rns/9605m_-2006-11-29.pdf

seems like they are back in with the "in" crowd... cos let's face it, they didn't need to do the placing for operational reasons....


i should've got in at 10p level.... been in since a lot higher....

of interest

http://www.zeromaxgmbh.com/eng/about_us.asp

mARAKAND up 35% friday....OXS with around 80% stake in this one

OXUS GLOBAL DIVERSIFICATION
Turkey
Through its subsidiary Marakand Minerals, the group has entered into option agreements on
two copper / gold projects situated in southern Turkey. Initial work at the Hatay project shows
that mineralisation extends over at least 1,600m along strike. Grab samples collected by
Marakand confirm significant levels of gold and copper. Analyses of samples from the eastern
end of the area indicate the presence of up to 9.48 g/t gold and 3.09 % copper, whilst samples
from the west of the area indicate up to 17.28 g/t gold but with less copper (0.15 %). A stream
sediment sampling programme, together with further rock sampling, is expected to increase
the overall strike extent of mineralization.
Marakand has established a technical office in Antakya and has commenced satellite image
interpretation of the area. A programme of geological mapping, sampling and surveying has
commenced, to be followed by surface drilling before the end of 2006.
On the 26 September 2006 the Company entered into a loan agreement which provides for
Marakand to borrow up to $500,000 of which $260,000 had been advanced by 30 June 2006,
and is renewable by mutual agreement.