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

jb

Sp held steady today + rns out

LONDON: 11 September 2006 - Oxus Gold plc (Oxus) reports today that it is seeking an immediate order under the UNCITRAL arbitration rules to protect Oxus investments in Kyrgyzstan, following the government-sponsored illegal occupation last Thursday of premises owned by Talas Gold Mining Company, Oxus joint venture company at Jerooy.


Last Thursday, in direct contravention of the United Kingdom-Kyrgyz Republic Bilateral Investment Treaty and Kyrgyz law, local police and representatives of Jerooyaltyn, acting under the instructions of the Vice Governor (Mr Murataliev) of the Talas region of Kyrgyzstan, forcibly occupied warehouse and accommodation properties, owned by Oxus, and ejected the residents and other Oxus staff at short notice. Jerooyaltyn has also stopped access to Oxus plant, although the plant itself has not been occupied.


Representatives of Jerooyaltyn, a recently created joint venture between Kyrgyzaltyn and Global G.o.l.d, took possession of the administration buildings, the warehouse and the accommodation buildings at Jerooy, and placed guards outside the plant.


Oxus has submitted an urgent request to the UNICTRAL Arbitration Tribunal, hearing Oxus claim against the Kyrgyz Government, requesting an immediate order under the UNCITRAL Arbitration Rules, which would require the Kyrgyz Government to provide full protection and security of the plant and associated buildings and equipment at Jerooy for the benefit of Oxus. In addition, it should allow Oxus unrestricted access and possession of the plant and buildings.


Bill Trew, Chief Executive of Oxus Gold, said today: The plant and associated buildings at Jerooy are all owned by companies in the Oxus Group and are on land to which Talas Gold Mining Company, our joint-venture company, has legal possession. This land is also outside the area of land allocated to Jerooyaltyn by the recent, and wholly unlawful, license dated 23 May 2006.


This is an egregious breach by the Kyrgyz Government of the UK-Kyrgyz Republic Bilateral Investment Treaty under which Oxus has the right to enjoy full protection and security from the Government for its property and operations in the country. Yet, Jerooyaltyn, with the approval of the Vice Governor of the Talas region, and with the assistance of the local police, has forcibly taken physical control of Oxuss investment at Jerooy and intimidated the companys personnel. The Kyrgyz Republic should respect the rule of law both in respect of its own law and international treaty obligations.

smiler i read the above news yesterday, and hopefully oxus will win the court order for the protection of oxus. keep in touch.

jb

yes, still (i hope) could be some good news soon ! 40/50p would be nice : )

if oxus win the court order, i will buy my shares back, as the above notice was the reason i sold them in the first place. how many shares do you hold in the company if you do not mind me asking? I had 10,000 that i sold. I took an 800 pound loss when i sold them. keeping my fingers crossed for good news for you at the moment.

JB

I got in @29 THEN SOLD 5000 @ 38 on aug 14,then got some more @ 23 now holding 2500, and fingers X sp may pick up on some positive news ! : )

smiler should the news be good i see no reason for them not to go back up. good luck to you

heading for the bin bag?

YEA Right !! we will see

maddoctor,

Whilst they still have AGF production, revenue, and profits? NO way!


I still feel they may pull a suprise or two out of the bag, rumours of Oxus' demise may have been greatky exaggerated! IMO

anyone noticed the 12m shares traded thursday...alot of rollovers expecting results last friday but now results 6th oct friday...could see big surge in price before results has people buy in at this ludicrously low price

maestro,

Good point!

I bought back into oxus on wednesday at 20.5p 10,000 shares. As maestro said the results are due to be released on friday. Might pay to top up if the price is still low on monday morning. Good luck all.

i'll say one thing for you JB, you don't lack courage .... i am staggered at the number of truly flakey companies you seem to pick and then throw slabs of dosh at them.

on 12/9 you wrote, "If oxus win the court order, i will buy my shares back" ...... why have you not followed your own advice, for unless i am very thick, the case has yet to be resolved, and surely the company is greatly reliant on winning.

cynic I have a good feeling that oxus is going to win the court case. I do not consider 10,000 shares at present as a big gamble. Some we win some we lose. So long as we have more winners than loses. It does not really matter. good luck cynic.

cynic..they are producing loads of gold at another site and another one to start early 2007...this is the most undervalued stock on the market..expect an oxus gold rush this week...don't get trampled

Cynic I forgot to ask you. Do you hold any oxus?

no i don't and certainly at present would not want to ..... however, am tempted to buy into gold futures as arguably due for a run

cynic obviously has no bottle...won't get very rich

bottle and rich have not much symbiosis .... perhaps you do not know the difference between bottle and pigheadedness or even stupidity, but keep investing in some of these "gems" and you may learn the hard way.

in fact, had i listened to my own advice, instead of showing bottle, aka greed + the other two mentioned above, then i would certainly be a lot weathier than i am now.