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

Hope so Smiler o!! i top-sliced the other day at 43.5 p - hope to see further progress and will hold for the mid-term now (all assuming no tedious developments.....) See you all round at ours soon?

ajcc..where's that?

ajcc, still heading North !! :) will see you on 22nd NW !

Maestro - you're welcome too - bring some beers! Smiler - yes looking good at the mo - see you on the 22nd if not before...

A nice tic up 50p + !! :)

ajcc, only 30p to go and it will be at the last high they had in May 06 (well worth the wait)!! sold out as I said and got some Light metal ! :)

i sure called this one wrong! ..... but still would not buy ... lacks class and can't stand the competition!

well cynic it was touch and go for a while for sure, I am out now and would not buy back in at this price , but Oxus will stay on watch list !

smiler
If your out you better top up your ERX

Oxus Gold PLC
20 February 2007


news release

For immediate release - Tuesday, 20 February 2007



OXUS GOLD PLC

Oxus Gold successfully appeals against Uzbek tax claims

AGF joint venture liable for approx $1 million claims

LONDON: 20 February 2007- Oxus Gold plc ('Oxus' or the 'Company') is pleased to
report that the Navoi Regional Economic Court in Uzbekistan has confirmed that
its Amantaytau Goldfields ('AGF') joint venture is not liable to pay various
taxes, customs duties, fines and penalties imposed on it by the regional tax and
customs authorities for alleged breaches of tax laws.

During August 2006 the regional tax and customs authorities brought a claim
against AGF for back taxes, customs duties, fines and penalties amounting in
total to approximately $225 million for alleged breaches of the Uzbek tax laws.

These claims were upheld by a Navoi regional court at the end of October 2006
but, following an appeal by AGF, on 28 December 2006 the Appeal Court allowed
AGF's appeal and rejected all the principal claims of the regional tax
authority.

As a result, revenue claims, fines and penalties totalling approximately $208
million were no longer payable and various restrictions imposed on AGF's
operations as a result of the earlier ruling, were lifted. The regional tax
authority did not appeal this decision within the permitted timeframe and, as a
result, the Appeal Court's decision in AGF's favour is now effective.

Further, on 7 February 2007 the Navoi Regional Economic Court (the 'Court')
rejected the claims of the regional customs authority on the payment by AGF of
customs duties amounting to an additional $2 million. On 16 February the Court
also rejected the claims of the regional tax authority on the payment by AGF of
taxes amounting to approximately $14 million. Based on the foregoing, AGF will
not be required to pay taxes, customs duties, fines and penalties amounting in
total to nearly $224 million.

However, the Court did decide that AGF was responsible for the payment of
certain revenue taxes due, amounting in total to approximately $650,000, and
could also be liable for the payment of some claims for non-residents' income
tax amounting approximately to a further $450,000. Oxus has already provided
for a sum within its annual accounts to June 30 2006 to cover its 50% share of a
possible outstanding liability of $1.1 million.

Bill Trew, CEO of Oxus, said today: 'We are pleased to have confirmation from
the Navoi Regional Economic Court that AGF is not liable to pay the $224 million
in taxes and penalties. It has always been Oxus's policy to work within the
framework of the legal and taxation regimes in all the countries where we have
interests and we strongly believed that AGF had followed that practice. It is a
relief to us to have this behind us so that we can focus our efforts on the
efficient operation of the AGF oxide plant and the further development of the
sulphide operations where there is significant upside potential.'

END


Further enquiries:

Oxus Gold plc Tel: + 44 (0)20 7907 2000
Richard Wilkins, Company Secretary

Smiler o - always on the ball...

YES AND BACK IN , WITH LUCK and steady progress we could see 60 + with time ! :)

Smiler o - i'm sure.... happy hunting!

ajcc, steady as she goes, happy to sit and wait for my 60p, have you had a look at my GCM Thread !! :) things could be looking up !

smiler o - yes interesting info on CTL on GCM thread.... good find.

Oxus Gold PLC
01 March 2007




Oxus Gold plc

Exercise of options


London: 1 March 2007 - Oxus Gold Plc ('Oxus' or 'the Company') (OXS.L)
announces that, following an exercise of options to acquire ordinary shares
in the company at 12p per share, the company has issued 140,000 new shares.

Application has been made for new shares to be admitted to trading on the AIM
Market of the London Stock Exchange and dealings in the shares are expected to
commence on 6th March 2007. The new shares will rank pari passu with existing
ordinary shares.

Following the allotment of the above new ordinary shares, the Company's issued
share capital is 306,882,506 ordinary shares of 1p each.

does anyone know any news about the dispute between Eurogold?

peter last RNS

22 December 2006 ASX/AIM Symbol 'EUG'
________________________________________________________________________________


Oxus Litigation

Eurogold Limited is pleased to advise that it has today entered into an
agreement with IMF (Australia) Limited ('IMF') under which IMF will fund the
ongoing Australian Federal Court proceedings that Eurogold Limited and Eurogold
Holdings (Bermuda) Limited have commenced against Oxus Holdings (Malta) Limited
and Oxus Gold Plc.

The Agreement will become effective in mid January 2007 and contains IMF's usual
terms and conditions, including an indemnity under which Eurogold will not be
liable for adverse costs (if any) incurred in the proceedings. Eurogold will
retain a majority interest in any amounts recovered from Oxus under the
litigation, with the amount dependent on the timing of any recovery.

IMF is the largest litigation funder in Australia and is listed on the
Australian Stock Exchange.

Kyrgyzstan to revise agrmnt with Canadian gold-mining company.



07.03.2007, 20.43



BISHKEK, March 7 (Itar-Tass) - Government of Kyrgyzstan plans revising the terms of an agreement with Cameco Corporation of Canada on gold mining at the Kumtor deposit so as to increase state budget revenues from the mines operations, Deputy Prime Minister Daniyar Ussenov said at a cabinet meeting Wednesday.

Today, the government gets a mere 15 percent of profits from gold production at Kumtor, which stands in a marked contrast to the 70 percent it received in the early periods of the deposits development.

Current reserves of gold at Kumtor are estimated at 731 tons and with account of this figure mining will continue there through to 2026, Ussenov said. Kumtor is a unique deposit in terms of reserves and it must be this countrys pride, not its shame.

The government, the national company Kyrgyzaltyn and Cameco have drafted a memorandum of understanding that is expected to lay a foundation for a Law on the Kumtor Deposit.

The goal now is to attain a new general agreement and a new agreement on concession, as well as to pass the new Law on Kumtor, Ussenov said.

Oxus Gold PLC
12 March 2007


news release

For immediate release: 12 March 2007

Oxus Gold plc

Oxus announces agreement in principle to transfer Kyrgyz and Romanian interests
to KazakhGold

Dividend to be Declared

LONDON: 12 March 2007 - Oxus Gold plc ('Oxus' or the 'Company') (OXS.L) is
pleased to announce that it has agreed in principle to sell to KazakhGold Group
Limited, subject to contract ('KazakhGold') (KZG.L):

- its 100% interest in Norox Mining Company Limited, which company owns
66.67% of Talas Gold Mining Company in Kyrgyzstan;

- its 50% interest in the Romaltyn joint venture in Romania; and

- certain exploration assets in Turkey currently owned by Oxus's 86%
owned subsidiary, Marakand Minerals Limited (MKD.L), subject to board
approval from Marakand

for the issuance of 3,541,666 new ordinary shares in KazakhGold (currently
valued at approximately $72 million), plus deferred consideration of up to $80
million, payable in cash in instalments, provided that KazakhGold obtains the
requisite licence to enable it to continue with the development of the Jerooy
gold project in Kyrgyzstan. The proposed sale is subject to a number of
conditions, including completion of satisfactory due diligence, the receipt of
satisfactory independent valuations of the assets, the receipt of all necessary
regulatory approvals and consents, and completion of final legal documentation.

Oxus intends to distribute all or a large portion of the KazakhGold shares
arising from the transaction as a dividend to its shareholders and further
details will be supplied to shareholders in due course. The initial
consideration currently represents 7% of KazakhGold's outstanding share capital.

Darryl Norton has agreed to step down as a director of Oxus and to join the
board of KazkhGold as Joint Managing Director. In addition Steve Westhead and
Geoff McLoughlin, both of whom have been full time engaged on the Romaltyn joint
venture, will join KazakhGold as chief geologist and chief metallurgist
respectively.

Upon completion of the proposed sale, KazakhGold will acquire 100% of Norox
Mining Company Limited which in turn owns 66.67% of Talas Gold Mining Company in
Kyrgyzstan. Oxus has spent approximately $63 million on the Jerooy gold project
to date, including on the construction of a processing plant which is
approximately 80% complete. As previously announced, construction was suspended
in February 2006.

The Romaltyn joint venture in Romania, in which KazakhGold already has a 50%
interest, owns a gold processing plant in Baia Mare and certain exploration
licences. These assets were jointly acquired by Oxus and KazakhGold in January
2007 following a successful bid in open auction. Oxus has spent approximately
$3.8 million on the project to date, including its share of the purchase price.

The transfer of the Turkish exploration assets will be subject to KazakhGold's
assessment of the economic viability of such assets, the determination of an
appropriate fair market value to be paid to Marakand by Oxus and approval of the
Marakand board.

Oxus will continue to focus its efforts on the development of its producing gold
operations in Uzbekistan and to building the strategic alliance with Zeromax
GmbH. Apart from the ongoing oxide operations, it is intended to bring the
underground sulphides operation into production as soon as possible and to
expand Oxus's overall project base in Uzbekistan.

Bill Trew, CEO of Oxus, commented 'We are delighted to be able to make this
announcement and, upon completion, we believe the transaction will represent a
win-win situation for our shareholders and also for the shareholders of
KazakhGold. These Kyrgyz and Romanian assets, together with the experience that
Darryl, Steve and Geoff will bring to the KazakhGold management team, will add
significant value to KazakhGold's already impressive Kazak asset base.

We believe this transaction with KazakhGold provides a satisfactory resolution
for Oxus of the difficult issues involved at Jerooy. We will recover the funds
expended at Jerooy to date and will also have some further potential benefit
should KazakhGold be successful in obtaining the Jerooy mining licence. Oxus
will continue to focus on increasing its gold production in Uzbekistan and is
working closely with Zeromax in order to realise the full potential of the
Amantaytau Goldfields project and to evaluating other project opportunities in
Uzbekistan.'

The deadline for subscription of the second tranche of new ordinary shares of
Oxus by Zeromax, announced on 30 November 2006, has been extended to the close
of business on 19 March 2007.