Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOxus Gold Plc Regulatory News (OXS)

  • There is currently no data for OXS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Amantaytau Goldfields Update

2 Nov 2006 14:01

Oxus Gold PLC02 November 2006 Oxus Gold plc AMANTAYTAU GOLDFIELDS UPDATE LONDON 2 November 2006: Oxus Gold plc ("Oxus" or the "Company") (OXS.L) reportsthat it has received assurances from its Uzbek partners in its AmantaytauGoldfields (AGF) joint venture that the Government of the Republic of Uzbekistanis not targeting AGF for expropriation. Despite widespread speculation and numerous media reports to the contrary, at aSupervisory Board meeting of AGF held in Tashkent on 30 October 2006, therepresentatives of the Uzbek partners in the joint venture strongly rejected anyallegation that the Uzbek Government was using a recent tax audit as an excuseto expropriate the assets of AGF. The Uzbek members of the Supervisory Board, representing the Ministry ofFinance, the State Committee for Geology & Mineral Resources, and the NavoiMining & Metallurgical Combinat confirmed that they supported the continuationof the AGF joint venture and that they would render any assistance possible toenable AGF to follow the appropriate judicial procedure and appeal to a higherlevel court a recent judgment handed down against the joint venture by aprovincial court. AGF is owned 50% by Oxus Gold and 50% by the Uzbek State. On 27 October 2006 theNavoi Regional Economic Court issued a ruling, effective after 30 days, againstthe joint venture claiming some $224 million in taxes, fines and penalties. AGFis appealing the ruling and, with the support of its Uzbek partners, is hopefulthat the majority of the claim will be overturned by a higher level court. As the foreign investor in the joint venture Oxus welcomes the support of itsUzbek partners in this matter and notes that the Uzbek partners have authorisedthe release of this update. Further enquiries: Oxus Gold plc Tel: + 44 (0)20 7907 2000Richard Wilkins, Company Secretary Bankside Tel: + 44 (0)20 7367 8873Keith IronsOliver Winters This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
2nd Apr 200812:03 pmRNSExercise of Warrants
2nd Apr 20087:00 amRNSSettlement with Oxus Gold
27th Mar 20087:01 amRNSInterim Results
3rd Mar 20087:01 amRNSDirectorate Change
26th Feb 20087:00 amRNSHolding(s) in Company
21st Feb 20087:00 amRNSHolding(s) in Company
19th Feb 20087:01 amRNSEurogold Settlement
19th Feb 20087:00 amRNSSettlement with Oxus Gold Plc
15th Feb 200811:40 amRNSHolding(s) in Company
1st Feb 200811:10 amRNSExtension of Option
22nd Jan 20087:00 amRNSCancellation of Admission
21st Jan 20081:57 pmRNSHolding(s) in Company
7th Jan 20084:49 pmRNSIssue of Equity
4th Jan 20082:50 pmRNSExtension of Option
2nd Jan 20082:27 pmRNSAnnual Report and Accounts
31st Dec 200712:35 pmRNSPrice Monitoring Extension
31st Dec 200711:52 amRNSPartial Exercise of Option
21st Dec 20072:30 pmRNSExtension of Option
21st Dec 200710:50 amRNSDirectorate Change
20th Dec 200712:00 pmRNSOffer from Oxus Gold plc
20th Dec 200712:00 pmRNSOffer Update
11th Dec 20072:13 pmRNSIssue of Equity
10th Dec 20077:01 amRNSOption to acquire shares
7th Dec 20072:48 pmRNSResult of AGM
6th Dec 20071:45 pmRNSAGF Project Approval
26th Nov 20073:06 pmRNSHolding(s) in Company
22nd Nov 20071:52 pmRNSHolding(s) in Company
21st Nov 20074:40 pmRNSSecond Price Monitoring Extn
21st Nov 20074:35 pmRNSPrice Monitoring Extension
15th Nov 200710:11 amRNSEPT Disclosure
14th Nov 200711:28 amRNSEPT Disclosure
13th Nov 200711:42 amRNSEPT Disclosure
12th Nov 200711:08 amRNSEPT Disclosure
9th Nov 200710:09 amRNSEPT Disclosure
8th Nov 200710:17 amRNSEPT Disclosure
7th Nov 200711:44 amRNSEPT Disclosure
7th Nov 200711:32 amRNSEPT Disclosure
6th Nov 20073:11 pmRNSRule 8.1- Oxus Gold Plc
6th Nov 200710:40 amRNSEPT Disclosure
5th Nov 200711:28 amRNSEPT Disclosure
2nd Nov 200710:18 amRNSEPT Disclosure
1st Nov 20072:14 pmRNSRule 8.3- (OXUS GOLD plc)
1st Nov 200712:17 pmRNSHolding(s) in Company
31st Oct 20073:44 pmRNSRule 8.1- Oxus Gold Plc
31st Oct 20073:02 pmRNSRule 8.3- Oxus Gold plc
31st Oct 20072:18 pmRNSHolding(s) in Company
31st Oct 200710:00 amRNSEPT Disclosure
30th Oct 200710:19 amRNSEPT Disclosure
29th Oct 200711:56 amRNSEPT Disclosure
26th Oct 20074:56 pmRNSRule 8.1- Oxus Gold Plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.