July 12, 2011 By James Kimer

Oxus Under Attack in Uzbekistan

The following news was reported by Radio Free Europe/Radio Liberty.  Oxus Gold Plc is a client of Amsterdam & Peroff LLP.

The British mining company Oxus Gold says the Uzbek government is attempting to seize its assets by forcing its joint venture to be liquidated, RFE/RL’s Uzbek Service reports.

Robert Amsterdam, the lawyer representing Oxus Gold, told RFE/RL on July 11 that the government is trying to seize 50 percent of Oxus’s assets in the precious metal-extracting venture Amantaytau Goldfields on charges of “violating technology and environmental standards.”