Statement re Khandiza
August 15 2006 - 1:31PM
UK Regulatory
RNS Number:7091H
Marakand Minerals Limited
15 August 2006
Marakand Minerals Limited
Marakand Minerals Limited ("the Company") has received notification of the Uzbek
government's decision to supercede the previous decrees pertaining to Khandiza
and their intention to transfer the resource to AGMK (Almalyk), the state owned
base metal miner/smelter.
The Company and representatives of the British government have in the past year
received numerous assurances from senior government officials of its ongoing
involvement in the development on Khandiza.
We are seeking clarification of the precise intention of the government and will
be looking to make a public statement shortly.
For further information please contact:
Marakand Minerals Limited
Alasdair Stuart, CEO Tel: +44 77 3326 0174
Joanna Solino, Investor Relations Officer Tel: +44 20 7907 2000
Buck-Bias Limited
Alex Buck / Nick Bias Tel: +44 79 3274 0452
This information is provided by RNS
The company news service from the London Stock Exchange
END
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