Holding(s) in Company

Trans-Siberian Gold PLC
17 November 2004

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Trans-Siberian Gold plc

2. Name of shareholder having a major interest

Arnhold and S Bleichroeder Advisers LLC

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above
or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18.

As Above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

The Bank of New York Nominees Limited - 910,000 shares
First Eagle Gold Fund Inc - 210,000 shares
First Eagle Overseas Fund Inc - 630,000 shares

5. Number of shares/amount of stock acquired

Not disclosed

6. Percentage of issued class

Not disclosed

7. Number of shares/amount of stock disposed

Not disclosed

8. Percentage of issued class

Not disclosed

9. Class of security

Ordinary 10p shares

10. Date of transaction

Not disclosed

11. Date company informed

16 November 2004

12. Total holding following this notification

1,750,000

13. Total percentage holding of issued class following this notification

5.01%

14. Any additional information


15. Name of contact and telephone number for queries

Simon Olsen 01223 265768

16. Name and signature of authorised company official responsible for making this notification.

Simon Olsen

Date of notification: 17 November 2004


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

Trans-Siberian Gold Plc (TSG)



This is a solution provided by Digital Look Corporate Solutions incorporating their prices, data, news, charts, fundamentals and investor tools on this site. Terms & Conditions

Trans-Siberian Gold has today announced that it has completed the acquisition of the Bogunay property in the Yenisei Ridge gold district of Krasnoyarsk Krai in central Siberia for a consideration of $100k.

The Bogunay licence covers 47.5km2 and is at the southern end of the Yenisei Ridge, which is a proven major gold belt. There has been limited previous exploration activity taken place in the Soviet era, and Russian C1 and C2 resources are approximately 300,000 ounces at a high grade of 8.5g/t. Russian prognostic reserves are in the area of 1.5m ounces. TSG has already carried out a small exploration programme on site with encouraging results, and this will be accelerated in 2005.

The acquisition, adds a third property to TSG's portfolio, but clearly the key thrust of management is to bring first the Asacha and subsequently the Veduga projects to production. What the Bogunay acquisition does highlight, however, is TSG's slightly differentiated approach to investing in Russia by acquiring semi-greenfield projects (and acquiring early), where exploration work has been carried out but not much more than that. By doing so, TSG is able to build up its resources at attractive prices, rather than taking part in the frothy open market for more established projects.

As re-iterated in our recent research note, we believe TSG offers an attractive investment opportunity. Since its AIM floatation, TSG has increased its resource base by over 30%, grades have been improved and AngloGold Ashanti, the world's second largest gold producer, has subscribed for a 17.6% stake in the Group, to be increased to 29.9% by the year end. This in itself brings huge benefits, most notably 17.6m in total funding which will see the first project at Asacha into production, technical and geological assistance and serious credibility.

Taking a mid-range discount rate of 10% and a $400 gold price, TSG's NPV of US$172.4m is some 57% higher than the current share price and if the shares were to trade at NPV this would give a valuation of 239p per share (current price 154p). At a $425/oz level, the valuation discrepancy increases more markedly, with an NPV of US US$203.1m, reflecting an uplift of 86% compared to the current price, and an implied valuation of 282p per share. This is on a current resource base of 3.7m ounces. On a conservative 'bull' resource base (which appears to be eminently achievable), these NPV's almost double. At the same time, we would anticipate that a producing gold miner would trade at a meaningful premium to its NAV.'

very positive imho.



ad1967mc - 30 Nov'04 - 12:53 - 309 of 312


Thanks

This is one of the best junior miners around, when will retail investers wake-up to the fact.

big trades at the close.

Does anyone understand the latest drilling report?....Good or bad news?

After the fall in s/p due to the project costs being reviewed, ( 23 Dec 04), I have been waiting for a recovery to sell out.

Yesterday RAB Special Situations acquired approximately 1,400,000 shares.... speculation or is something happening?

RAB Special Situations acquires another 804,058 shares.

Bought these shares yestaday at 125p, as soon as i heard that RAB had bought 425,000.

Trans-Siberian Gold Breathes Sigh Of Relief As Anglo-Gold Ashanti Agrees To Take Interest Up To 29.9 Per Cent.

It is only fair that comment should be made on the new subscription terms negotiated by AngloGold Ashanti with Trans-Siberian Gold as we thought, last December, that the deal might be falling apart. Trans Siberian Gold had come out with some bad news, the essence of which was that the company was having to carry out a review of the capital cost estimate of the Asacha gold mining project in Kamchatka as rises in the cost of fuel, steel and labour in Russia, and higher international freight costs, combined with the strengthening of the rouble, especially against the US dollar, had made a nonsense of the capital costs estimate in the bankable feasibility study completed in February 2004.

Understandably this put the wind up Hatch Consulting which had been carrying out due diligence on behalf of the European Bank for Reconstruction and Development and Standard Bank London which are jointly mandated to provide project finance, and it has been delayed. The knock -on effect of this was that Trans-Siberian Gold agreed with AngloGold Ashanti to extend the deadline for its second subscription of new shares in Trans-Siberian. AngloGold Ashanti currently has a 17.5 per cent interest in Trans-Siberian that will increase to 29.9 per cent with the second subscription. However payment of this second subscription was contingent on successful financing of Asacha by the end of 2004

That deadline is out of the window, but the implementation plan has been revised to include clearly defined capital estimates and project schedules, as well as a financing plan for the Asacha project, and any regulatory filings or amendments to regulatory filings, which are necessary in the Russian Federation. These requirements have all now been met and the subscription price is now 1.30 per share as compared to 1.494 per share, reflecting the increased capital cost of the Asacha mine development which is nevertheless expected to provide an acceptable rate of return.

The second subscription was originally conditional on Trans-Siberian entering into a binding agreement to implement project financing for Asacha, however in the December 2004 amendment this condition was removed. Instead, the two companies agreed that the second subscription would be conditional on revised implementation and financing plans for the Asacha project being unanimously approved by Trans -Siberian. The subscription will, however, remain subject to the outstanding conditions, such as no material adverse change to the business of Trans-Siberians business having occurred, being in place until shareholder approval for the transaction has been obtained.

Once this approval is given AngloGold Ashanti will be able to claim the rights contained in the original aggreement which include having two members on the board of Trans-Siberian; having rights of first refusal over the financing of the Veduga project; holding pre-emptive rights to a 51 per cent interest in TSG's new mining or exploration projects (subject to certain exceptions); and anti-dilution rights in the event of further share issues. Furthermore, the three-year technical consultancy agreement effective from July 2004 continues in force. Jocelyn Waller, managing director of Trans-Siberian must have breathed a big sigh of relief as the two companies can now concentrate on getting the Asacha project financed and built, the Veduga feasibility study completed satisfactorily and continue to explore successfully. No longer is Trans-Siberian on its own and far from home.

Details of the new capital cost to start up of Asacha from the beginning of 2005 show clearly why AngloGold Ashanti took this action as it is now estimated at US$60.3 million compared with US$54.4 million in the feasibility study. The revised schedule envisages first gold at the end of 2006 provided there is no slippage from equipment with long lead times such as the mill and mobilisation of the general contractor for site preparation this summer, but this is par for the course with all mine development. The mine is expected to have a life of seven years, or more, at a rate of 200,000 tonnes/year to produce 96,000 ozs gold and 178,000 ozs silver. The cash cost including royalty should be US$177/oz at a gold price of US$420/oz. Now the banks have to assemble the debt financing to bring it to fruition.


Trans-Siberian Gold PLC
05 May 2005

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Trans-Siberian Gold plc


2. Name of shareholder having a major interest

RAB Capital


3. Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18.

As above


4. Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them

Credit Suisse First Boston Nominees Limited


5. Number of shares/amount of stock acquired

425,000


6. Percentage of issued class

1.22%

Just bought back into these , hope am not to late and they run out of steam and retrace . A very tightly held stock.

Now back in again after new's that production will begin later this month


Trans Siberian provides Asacha project update

StockMarketWire.com

Trans-Siberian Gold reports the start of the commissioning process of the Asacha gold plant.

The site's power unit, consisting of 4 diesel generators with a total capacity of 4 megawatts, was successfully launched, with the gold plant and other facilities being switched to the permanent power supply.

Final testing of the mills, which is being supervised by the manufacturer, is nearly complete. Other mechanical equipment has been checked.

Hydraulic tests of the plant equipment and piping are expected to be finished within 5-6 days. After that, tests of the plant equipment with waste rock and low grade ore will be undertaken.

Trans-Siberian Gold plc

Further shipments of Asacha gold


LONDON: 2 November 2011 - Trans-Siberian Gold plc ("TSG") (TSG.L) reported on 19 October 2011 that the first gold dore from the Asacha mine had been shipped to the refinery at Novosibirsk.

Two further shipments of gold dore have been made since 19 October. The second shipment weighed 73 kg (containing approximately 32 kg of gold and 36 kg of silver), the third 64 kg (containing approximately 29 kg of gold and 33 kg of silver).

A further announcement detailing the amounts of refined gold and silver in the three shipments and the first sale of gold will be made in due course.

Trans-Siberian Gold plc

First sale of Asacha gold


LONDON: 14 November 2011 - Trans-Siberian Gold plc ("TSG") (TSG.L) is pleased to report the first sale of refined gold ingots from the Asacha mine, approximately 50.23 kg, equating to 1,615 ounces at US$1,764 per ounce.

TSG reported the first three shipments of gold dore from the Asacha mine to the refinery at Novosibirsk on 19 October and 2 November 2011. The first sale comprised most of the gold in the first two of those shipments.

Further announcements detailing the amounts of Asacha's gold production in 2011 will be made on a monthly basis, with quarterly reports commencing in 2012.