Britan’s Oxus Halts Gold Operations in Uzbekistan

Forbes reported that Oxus Gold (LON:OXS) has ceased its operations in Uzbekistan.

The market news is quoted as saying:

Earlier this month, the Uzbek Finance Ministry started an audit into the venture’s financial and economic activities. Oxus said in a statement that Uzbek auditors are not evaluating the company’s assets in good faith and appear “to be using the process to find reasons to justify putting AGF into liquidation.”

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