Final curtain set to fall for Oxus

Oxus Gold has failed to win compensation for what it had previously described as “the blatant expropriation of the company's mineral rights in Uzbekistan” and has instead suspended its shares while it clarifies its financial position.

UNCITRAL has handed Oxus Gold the worst news it would have expected following more than four years of hearings

23 December 2015
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The company launched arbitration proceedings in August 2011 following the Uzbekistan government’s decision that January to close the Amantaytau Goldfields (AGF) joint venture (Oxus: 50%), citing an

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