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 - 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.

Marakand Minerals Limited
12 March 2007



For Release
12 March 2007
MARAKAND UPDATE

Marakand Minerals Limited ('Marakand', or the 'Company') (MKD.L), the Eurasian
base metal and silver company, has been advised by its parent company and 86%
shareholder, Oxus Gold plc ('Oxus') (OXS.L), that Oxus has agreed in principle
and subject to final contract, to sell certain assets to KazakhGold Group
Limited ('KazakhGold') (KZG.L), including certain exploration assets in Turkey,
currently owned by Marakand.

The Board of Directors of Marakand confirm that any agreement between Oxus and
KazakhGold in respect of the sale of such Marakand assets will require Marakand
board approval and, in addition, any such sale will be subject to the
determination of an appropriate fair market value to be paid to Marakand by Oxus
for these assets. Marakand shareholders will be kept informed of any
developments.

As announced in on 1 August 2006, Marakand entered into exclusive option
agreements to acquire majority interests in two separate copper / gold
exploration license areas in southern Turkey, namely the Hatay exploration
license and the Karakilise exploration license. Both license areas are located
in the prospective southern Turkish 'ophiolite belt' related to the Cyprus Arc,
and host 'Cyprus-type' copper / gold mineralisation. Exploration works,
including surface drilling, have previously been undertaken on both license
areas.

In February 2007, Marakand completed a further programme of stream sediment
sampling, geological mapping, surface channel sampling and a 10 hole surface
drilling programme on the Hatay license. Marakand has dispatched channel and
drill core samples to an independent laboratory for analysis, and will be
reporting results as soon as they are available and evaluated

Morning Smiler - interesting stuff - just absorbing the news announcements released.....

you should be in bed !! your on holiday !!!!!!!

Smiler - how do you know i'm not?!! Seriously though , should be interesting to see the market reaction to this news!

watching with interest !! just got in , and back in tonight !!!

you nutter!! So far so good on the SP (share price that is!)

yes a nice bit of blue !!

March 21, 2007

Oxus Gold Has A Powerful Friend In KazakhGold And A Brighter Future

By Jack Hammer

The Russians have Polyus. The Kazakhs have KazakhGold. And now, according to Oxus executive director Richard Wilkins, Uzbekistan is about to get its own champion. It would be nice to see the equivalent, an Uzbek Gold, emerging, he says in the wake of Oxuss recent deal with KazakhGold to divest itself of assets outside of Uzbekistan.

That deal has turned the Oxus story full circle. It now looks very much like the Oxus Gold of old, the one that listed back in July 2001 with a focus on the Uzbek Amantaytau gold project, but which couldnt pay its bills, and then got taken over by Bill Trews contracting company. This back to basics approach follows a disastrous 2006 for the company. Recurring doubts about the Jerooy gold project in Kyrgyzstan and a US$200million tax dispute with the Uzbek government pushed Oxuss shares down to 9p back in October, perilously close to the price at which Mr Trew staged his successful coup all those years ago.

But it looks as though hes pulled the company back from the brink once again. The shares are now hovering at around 50p, more than fifty per cent up on the 30p 2001 listing price. The major institutions that have stuck by the company can breathe easy again, while anyone who bought in at the 2002 all time low of 4.25p when Mr Trew took control is laughing all the way to the bank.

A lot of water has flowed under the bridge since then. Crucially Mr Trew took Amantaytau successfully into production. But trouble never seemed far away. Most damaging has been the saga surrounding Jerooy. As long ago as 2002 the company was promising that a resolution to the dispute over title there was only a matter of weeks away a quick trip to Bishkek would sort it out. Come March 2007, and it looks as though, five years on, Oxus has finally found a way out. The solution? Let KazakhGold have a try.

The recent recovery in Oxuss fortunes is down to two other key players aside from Mr Trew in his team. They have a common factor: Zeromax and KazakhGold are both, in their own ways, serious regional players. Zeromax is the investment vehicle of Uzbek businessman Miradil Djalalov, who has interests in oil and gas, agriculture, and textiles, and who now holds 16 per cent of Oxus. And as a 200,000 ounce plus producer, KazakhGold needs little introduction, but its interesting to note that MAED, Bills original company, has been cosying up to it too, having been recently engaged to advise on the construction of Carbon-in-Pulp plants in Kazakhstan.

With these big hitters on board, things have moved on apace. After Mr Djalalov came in, back in November, about a month after Oxuss tax problems started to get really serious, the claims were quickly settled. To be fair, once we started talking and we got into the court system the Uzbek legal due process proved to be reasonably fair and very efficient, says Mr Wilkins. The Oxus team are no strangers to Uzbekistan and its ways, but no doubt Mr Djalalov brought added experience and know-how in.

It remains to be seen whether KazakhGold can sort out Jerooy, but, says Mr Wilkins, If anyone can clean up this mess, its the Kazakhs. That seems a reasonable view, and at least, following the sale of Jerooy for US$72million in KazakhGold shares, Oxus has got back its Jerooy investment. If KazakhGold does get Jerooy up and running it will trigger another US$80million cash payment, so its understandable that Mr Wilkins calls it an elegant solution, and says that his institutional investors like the deal.

Oxuss other spot of bother a legal spat with Peter Gunzbergs Eurogold is not, says Mr Wilkins, taking up very much time or cost now, so it seems Oxus has virtually wiped the slate clean. It will now concentrate on developing the sulphides at Amantaytau, and says Mr Wilkins, focus back on Uzbekistan with our colleagues Zeromax. And what of Bill Trews old promise of five mines in five years, made several years ago? Well, says Mr Wilkins, one could still imagine five mines in five years. It just might not be the same five mines.

Oxus Gold PLC
23 March 2007



Oxus Gold plc ('Oxus' or 'the Company')

Holdings in Company


Oxus received notification on 20 March 2007 pursuant to the provisions of the
Companies Act 1985 that as of 16 March 2007, RAB Capital plc, on behalf of its
affiliates, RAB Special Situations (Master) Fund Ltd., has a total of 88,979,020
ordinary shares representing 29.01 per cent. of the ordinary issued share capital
of the Company.

For further information, please contact:

Oxus Gold plc

surprisingly large stake and of course very close to enforced t/o trigger, except that shares look to be held in a specifc fund rather than in a (potential) nominee a/c